TERWILLIGER JOHN F 4
4 · HOUSTON AMERICAN ENERGY CORP · Filed Dec 17, 2012
Insider Transaction Report
Form 4
TERWILLIGER JOHN F
DirectorPresident and CEO10% Owner
Transactions
- Purchase
Common Stock
2012-12-13$0.21/sh+205,048$42,650→ 7,850,715 total - Purchase
Common Stock
2012-12-14$0.21/sh+141,202$29,652→ 7,991,917 total - Purchase
Common Stock
2012-12-17$0.21/sh+7,055$1,482→ 7,998,972 total
Holdings
- 900,000
Stock Option (Right to buy)
Exercise: $7.20From: 2008-06-02Exp: 2018-06-02→ Common Stock (900,000 underlying) - 600,000
Stock Option (Right to buy)
Exercise: $1.65From: 2012-12-11Exp: 2022-06-10→ Common Stock (600,000 underlying)
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $0.20 to $0.21. The price reported above represents the weighted average purchase price.
- [F2]This transaction was executed in multiple trades at prices ranging from $0.209 to $0.21. The price reported above represents the weighted average purchase price.
- [F3]The options vest and are exercisable in 1/6 increments on each anniversary of the date of grant. The date exercisable is the first vesting date.
- [F4]The options vest on grant. 214,500 options are exercisable 6 months from the grant date and 385,500 options are exercisable on and after shareholder approval of amendment to the Company's 2008 Equity Incentive Plan to increase the shares reserved under the Plan to facilitate exercise.