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TORCHLIGHT ENERGY RESOURCES INC 4

Accession 0000897423-16-000096

CIK 0001431959operating

View on SEC.gov Company Profile

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 5:02 PM ET

Size

26.2 KB

Accession

0000897423-16-000096

Insider Transaction Report

Form 4

Period: 2015-09-30

TORCHLIGHT ENERGY RESOURCES INCTRCH

10% Owner

Transactions

Other
Common Stock
2016-06-08$1.15/sh+9,863$11,342→ 52,316 total(indirect: See footnote)
Purchase
Warrants
2016-04-04+1,500,000→ 1,500,000 total(indirect: See footnote)
Exercise: $1.00From: 2016-04-04Exp: 2021-04-04→ Common Stock (1,500,000 underlying)
Other
Common Stock
2016-03-31$1.15/sh+13,008$14,959→ 42,453 total(indirect: See footnote)
Conversion
Common Stock
2016-06-08$1.15/sh+2,608,696$3,000,000→ 7,272,596 total
Conversion
Common Stock
2016-06-08$1.15/sh+434,783$500,000→ 487,099 total(indirect: See footnote)
Conversion
Series A Convertible Preferred Stock
2016-06-08$100.00/sh−30,000$3,000,000→ 0 total
Exercise: $1.15From: 2015-06-09→ Common Stock (2,608,696 underlying)
Conversion
Series A Convertible Preferred Stock
2016-06-08$100.00/sh−5,000$500,000→ 0 total(indirect: See footnote)
Exercise: $1.15From: 2015-06-09→ Common Stock (434,783 underlying)
Other
Common Stock
2015-09-30$1.15/sh+97,772$112,438→ 4,397,772 total
Other
Common Stock
2015-09-30$1.15/sh+16,295$18,739→ 16,295 total(indirect: See footnote)
Other
Common Stock
2015-12-31$1.15/sh+13,150$15,122→ 29,445 total(indirect: See footnote)
Other
Common Stock
2016-06-08$1.15/sh+59,178$68,055→ 4,663,900 total
Other
Common Stock
2015-12-31$1.15/sh+78,904$90,740→ 4,476,676 total
Other
Common Stock
2016-03-31$1.15/sh+78,046$89,753→ 4,604,722 total

Footnotes (7)

[F1]Shares received as quarterly interest payment due on Series A Convertible Preferred Stock.
[F2]Securities owned of record by G Mc Exploration, LLC, in which the reporting person owns 50% of the outstanding membership interests.
[F3]This amount includes the 50,000 total shares of common stock acquired by the reporting person on February 16, 2016, as reported in his Form 4 filed on February 18, 2016. In the February 18 Form 4, the amounts referenced in column 5 therein incorrectly omit the 97,772 and 78,904 shares of common stock acquired by the reporting person on September 30, 2015 and December 31, 2015, respectively, as reported herein.
[F4]Conversion of Series A Convertible Preferred Stock.
[F5]The issuer issued these warrants to McCabe Petroleum Corporation as consideration for the conveyance of an interest in certain oil and gas leases.
[F6]Securities owned of record by G McCabe Petroleum Corporation, of which the reporting person is the sole owner.
[F7]The Series A Convertible Preferred Stock is convertible into common stock with no expiration date.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

TORCHLIGHT ENERGY RESOURCES INC

CIK 0001431959

Entity typeoperating

IncorporatedNV

Related Parties

1

filerCIK 0001431959

Filing Metadata

Form type: 4
Filed: Jul 28, 8:00 PM ET
Accepted: Jul 29, 5:02 PM ET
Size: 26.2 KB

View on SEC.gov