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Filing Details

Accession Number:: 0001209191-19-060700
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-12-16 17:05:20
Reporting Period:: 2019-12-12

Accepted Time:: 2019-12-16 17:05:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1092289	Transatlantic Petroleum Ltd.	TAT	Oil & Gas Field Exploration Services (1382)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1398377	Iii Malone Noah Mitchell	16803 Dallas Parkway Addison TX 75001	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares	Acquisiton	2019-12-12	7,363,053	$0.38	12,833,563	No	4	P	Indirect	By Longfellow Energy, LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Longfellow Energy, LP

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Series A Preferred Shares	Acquisiton	2019-12-12	326,000	$0.00	14,915,804	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
531,000		2024-11-04	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares	4,661,933	Indirect	By Dalea Partners, LP
Common Shares	455,826	Indirect	By ANBE Holdings L.P.
Common Shres	8,616,368	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Series A Preferred Shares	$0.00		2024-11-04	0	42,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-11-04	0	42,000	Indirect

Footnotes

Longfellow Energy, LP purchased 7,363,053 common shares of the Issuer in a private transaction.
The reporting person disclaims beneficial ownership of the securities covered by this statement except to the extent of his pecuniary interest therein, and the inclusion of the securities covered by this statement herein shall not be deemed an admission of beneficial ownership of the securities covered by this statement for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), or any other purpose.
The reporting person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. The reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
Each of the Issuer's 12% Series A Convertible Redeemable Preferred Shares (the "Series A Preferred Shares") may be converted at any time pursuant to the terms and conditions of the Certificate of Designations of the Series A Preferred Shares into 45.754 common shares of the Issuer.
Longfellow Energy, LP purchased 326,000 Series A Preferred Shares in a private transaction.
Each Series A Preferred Share was purchased at a price of $53.3875 per share, which is equal to 106.775% of the liquidation preference of each Series A Preferred Share, plus accrued dividends on the Series A Preferred Share as of December 12, 2019 at the dividend rate with respect to dividends paid in cash of the liquidation preference of each Series A Preferred Share.
The 42,000 Series A Preferred Shares held by Dalea Partners, LP may be converted at any time pursuant to the terms and conditions of the Certificate of Designations of the Series A Preferred Shares into 1,921,668 common shares of the Issuer.