Kerns Karen 4
4 · Royale Energy, Inc. · Filed Jul 6, 2020
Insider Transaction Report
Form 4
Kerns Karen
Director10% Owner
Transactions
- Award
Common Stock
2020-07-02$0.14/sh+57,143$8,000→ 202,598 total
Holdings
- 8,294,633(indirect: By Partnership)
Common Stock
- 891,754(indirect: By Partnership)
Series B Convertible Preferred Stock
From: 2019-03-08→ Common Stock (8,917,540 underlying)
Footnotes (3)
- [F1]Shares issued to Ms. Kerns as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020.
- [F2]Ms. Kerns indirectly owns 891,754 shares of Series B Convertible Preferred Stock which is convertible into Common Stock at 10 shares of Common Stock for each share of Convertible Preferred Stock subject to adjustment for corporate dividends, splits and reorganizations.
- [F3]The Series B Convertible Preferred Stock has no expiration date.