CAPPS RANDALL 4
4 · American Standard Energy Corp. · Filed Mar 7, 2012
Insider Transaction Report
Form 4
CAPPS RANDALL
Director10% Owner
Transactions
- Other
Common Stock
2011-11-18$3.75/sh+17,603$66,011→ 670,665 total - Other
Common Stock
2012-03-05$2.70/sh+5,000,000$13,500,000→ 23,679,554 total(indirect: See Footnote) - Other
Common Stock
2012-03-05$2.70/sh+5,000,000$13,500,000→ 21,642,821 total
Holdings
- 71,429
Warrant (right to buy)
Exercise: $5.00From: 2011-02-01Exp: 2016-02-01→ Common Stock (71,429 underlying) - 71,429
Warrant (right to buy)
Exercise: $6.50From: 2011-02-01Exp: 2016-02-01→ Common Stock (71,429 underlying)
Footnotes (5)
- [F1]Holdings of Randall Capps ("Capps").
- [F2]Pursuant to the Registration Rights Agreement dated February 1, 2011, the Company issued to Capps 17,603 shares of the Company's common stock ("Common Stock") at a price per share of $3.75, the closing price on 11/18/11, in connection with the delayed filing of a registration statement.
- [F3]In a sale of leaseholds of oil and gas properties to the Issuer on March 5, 2012, Geronimo received consideration of $10 million in cash (less the $1.5 million cash deposit previously paid by the Issuer), a note in the principal amount of $35,000,000 made by the Issuer in favor of Geronimo and 5,000,000 shares of Common Stock at a price per share of $2.70, the closing price on 03/05/12. Capps is the sole owner of Geronimo.
- [F4]Includes (a) 21,642,821 shares of Common Stock held by Geronimo; (b) 1,387,754 shares of Common Stock held by XOG Operating, LLC ("XOG"); (c) 587,755 shares of Common Stock held by CLW South Texas 2008, LP ("CLW"); and (d) 61,224 shares of Common Stock held by Capps as legal guardian of Hayden Pitts. Capps is the sole owner of XOG (and Geronimo) and is the majority owner of CLW.
- [F5]Holdings of Geronimo.