HYDROCARB ENERGY CORP 4
4 · HYDROCARB ENERGY CORP · Filed Mar 17, 2015
Insider Transaction Report
Form 4
Scaturro Pasquale V.
Director
Transactions
- Other
Common Stock
2015-01-14−75,000→ 2,753,015 total - Sale
Common Stock
2014-11-19$1.71/sh−31,700$54,207→ 2,828,015 total - Sale
Common Stock
2014-09-23$3.37/sh−33,915$114,294→ 2,859,715 total
Footnotes (3)
- [F1]Between 9/23/2014 and 11/12/2014, Mr. Scaturro sold 33,915 shares of the Company's common stock pursuant to Rule 144 at a weighted average price of $3.37 per share.
- [F2]Mr. Scaturro transferred 37,500 free trading shares each to Angela Watts and Tyler Watts pursuant to an agreement between Mr. Scaturro and Kent Watts to purchase an African corporation. Pursuant to the agreement, Mr. Scaturro is obligated to transfer an additional 162,500 free trading shares to Angela and Tyler Watts.
- [F3]Between 11/19/20104 and 2/27/2015 Mr. Scaturro sold approximately 500 shares each trading day at an average price of $1.71 per share. The shares were sold pursuant to a Lock-Up Agreement in connection with the agreement between Mr. Scaturro and Kent Watts mentioned in footnote 2.