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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options (right to buy) | $ 0.36 | 05/28/2015 | J(3) | 310,000 | 03/30/2015 | (4) | Common Stock | 310,000 | (3) | 321,250 | D | ||||
Options (right to buy) | $ 0.36 | 05/28/2015 | J(3) | 310,000 | 03/30/2015 | (4) | Common Stock | 310,000 | (3) | 310,000 | I | See Footnote (2) | |||
Options (right to buy) | $ 0.36 | 05/28/2015 | X | 321,250 (1) | 03/30/2015 | (4) | Common Stock | 321,250 | $ 0 | 0 | D | ||||
Options (right to buy) | $ 0.36 | 05/28/2015 | X | 310,000 | 03/30/2015 | (4) | Common Stock | 310,000 | $ 0 | 0 | I | See Footnote (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McCabe Greg 500 WEST TEXAS AVE, SUITE 890 MIDLAND, TX 79701 |
X | |||
G Mc Exploration, LLC 400 PINE STREET SUITE 700 ABILENE, TX 79601 |
X |
/s/ Greg McCabe | 04/12/2017 | |
**Signature of Reporting Person | Date | |
/s/ Greg McCabe, President of G Mc Exploration, LLC | 04/12/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This Form 4/A is being filed to correct the erroneous filing on June 11, 2015 where it was inadvertently reported that 631,250 shares of common stock were issued to Greg McCabe. All such shares were issued in the name of Greg McCabe, however 310,000 of these shares were incorrectly issued in the name of Greg McCabe and should instead have been issued in the name of G Mc Exploration, LLC, which was and is the beneficial owner of such 310,000 shares. |
(2) | Securities owned of record by G Mc Exploration, LLC, in which Greg McCabe owns 50% of the outstanding membership interests. |
(3) | Options to purchase 310,000 shares of the issuer's common stock were assigned by Greg McCabe to G Mc Exploration, LLC; this transaction was inadvertently omitted from the original Form 4 dated June 11, 2015. |
(4) | The options would have expired 30 days following receipt by Greg McCabe of information from the Issuer with respect to certain well(s) to be drilled by the issuer, as described in the Schedule 13D Statement dated May 27, 2015 filed by the Reporting Persons with respect to the common stock of the issuer. |