TORCHLIGHT ENERGY RESOURCES INC 4
4 · TORCHLIGHT ENERGY RESOURCES INC · Filed Sep 9, 2013
Insider Transaction Report
Form 4
Lapinski Thomas
DirectorPresident and CEO10% Owner
Transactions
- Award
Warrants
2013-09-04+245,000→ 245,000 totalExercise: $2.00From: 2013-09-04Exp: 2018-09-04→ Common Stock (245,000 underlying) - Disposition to Issuer
Common Stock
2012-08-03−1,600,000→ 3,000,000 total
Footnotes (2)
- [F1]On August 3, 2012, Mr. Lapinski transferred 1,600,000 shares of common stock to the issuer for cancellation. Mr. Lapinski received no consideration for this disposition other than his belief that the cancellation of these shares was in the best interest of the issuer and its shareholders.
- [F2]Executive compensation.