VICTORY ENERGY CORP|4Feb 9, 9:31 AM ET

BIGGERS MARK WENDELL 4

4 · VICTORY ENERGY CORP · Filed Feb 9, 2012

Insider Transaction Report

Form 4

Period: 2012-01-13

VICTORY ENERGY CORPVYEYD

BIGGERS MARK WENDELL

CHIEF FINANCIAL OFFICER

Transactions

Purchase
Warrants
2012-01-13+200→ 260,200 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (200 underlying)
Purchase
Warrants
2012-01-13+200→ 260,600 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (200 underlying)
Purchase
Warrants
2012-01-13+200→ 260,800 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (200 underlying)
Purchase
Warrants
2012-01-13+200→ 270,000 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (200 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$10000.00/sh+40,000$400,000,000→ 200,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (40,000 underlying)
Purchase
Warrants
2012-01-13+200→ 270,200 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (200 underlying)
Purchase
Warrants
2012-01-13+100→ 270,300 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (100 underlying)
Purchase
Warrants
2012-01-13+200→ 260,400 total
Exercise: $0.25From: 2012-01-13Exp: 2017-01-12→ Common Stock (200 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$10000.00/sh+40,000$400,000,000→ 80,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (40,000 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$10000.00/sh+40,000$400,000,000→ 160,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (40,000 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$10000.00/sh+40,000$400,000,000→ 240,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (40,000 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$10000.00/sh+40,000$400,000,000→ 120,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (40,000 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$10000.00/sh+40,000$400,000,000→ 40,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (40,000 underlying)
Purchase
10% Senior Secured Convertible Debenture
2012-01-13$5000.00/sh+20,000$100,000,000→ 260,000 total
Exercise: $0.25From: 2012-01-13→ Common Stock (20,000 underlying)

Footnotes (3)

[F1]The Debenture is convertible at any time, at the holder's election, until the Debenture is no longer outstanding. The maturity date of the Debentures is September 30, 2013, but may be extended at the sole discretion of the Issuer to December 31 2013.
[F2]On January 13, 2012, the reporting person participated in the Issuer's private placement of 450 Units to certain qualified investors. Each Unit is comprised of (i) a $10,000 principal amount 10% Senior Secured Convertible Debenture, and (ii) a five-year warrant to purchase 200 shares of common stock. The Units are being offered at a purchase price of $10,000 per Unit. The reporting person purchased six and on-half (6 1/2) Units for a total purchase price of $65,000.
[F3]Warrants issued as part of the Units.

Documents

1 file

4
v301813_form4.xmlPrimary
OWNERSHIP DOCUMENT