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4/A//SEC Filing

TORCHLIGHT ENERGY RESOURCES INC 4/A

Accession 0000899243-17-010057

CIK 0001431959operating

View on SEC.gov Company Profile

Filed

Apr 11, 8:00 PM ET

Accepted

Apr 12, 3:30 PM ET

Size

18.3 KB

Accession

0000899243-17-010057

Insider Transaction Report

Form 4/AAmended

Period: 2015-05-28

TORCHLIGHT ENERGY RESOURCES INCTRCH

10% Owner

Transactions

Exercise of In-Money
Common Stock
2015-05-28$0.36/sh+310,000$111,600→ 310,000 total(indirect: See Footnote)
Other
Options (right to buy)
2015-05-28+310,000→ 310,000 total(indirect: See Footnote)
Exercise: $0.36From: 2015-03-30→ Common Stock (310,000 underlying)
Exercise of In-Money
Options (right to buy)
2015-05-28−321,250→ 0 total
Exercise: $0.36From: 2015-03-30→ Common Stock (321,250 underlying)
Exercise of In-Money
Options (right to buy)
2015-05-28−310,000→ 0 total(indirect: See Footnote)
Exercise: $0.36From: 2015-03-30→ Common Stock (310,000 underlying)
Exercise of In-Money
Common Stock
2015-05-28$0.36/sh+321,250$115,650→ 3,990,000 total
Other
Options (right to buy)
2015-05-28−310,000→ 321,250 total
Exercise: $0.36From: 2015-03-30→ Common Stock (310,000 underlying)

G Mc Exploration, LLC

10% Owner

Transactions

Exercise of In-Money
Options (right to buy)
2015-05-28−321,250→ 0 total
Exercise: $0.36From: 2015-03-30→ Common Stock (321,250 underlying)
Exercise of In-Money
Common Stock
2015-05-28$0.36/sh+321,250$115,650→ 3,990,000 total
Exercise of In-Money
Common Stock
2015-05-28$0.36/sh+310,000$111,600→ 310,000 total(indirect: See Footnote)
Other
Options (right to buy)
2015-05-28−310,000→ 321,250 total
Exercise: $0.36From: 2015-03-30→ Common Stock (310,000 underlying)
Other
Options (right to buy)
2015-05-28+310,000→ 310,000 total(indirect: See Footnote)
Exercise: $0.36From: 2015-03-30→ Common Stock (310,000 underlying)
Exercise of In-Money
Options (right to buy)
2015-05-28−310,000→ 0 total(indirect: See Footnote)
Exercise: $0.36From: 2015-03-30→ Common Stock (310,000 underlying)

Footnotes (4)

[F1]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.
[F2]Securities owned of record by G Mc Exploration, LLC, in which Greg McCabe owns 50% of the outstanding membership interests.
[F3]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.
[F4]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.

Documents

1 file

4
doc4a.xml
FORM 4/A SUBMISSION

Issuer

TORCHLIGHT ENERGY RESOURCES INC

CIK 0001431959

Entity typeoperating

IncorporatedNV

Related Parties

1

filerCIK 0001431959

Filing Metadata

Form type: 4/A
Filed: Apr 11, 8:00 PM ET
Accepted: Apr 12, 3:30 PM ET
Size: 18.3 KB

View on SEC.gov