4//SEC Filing
Kerns Karen 4
Accession 0001162677-20-000031
CIK 0001694617other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 4:20 PM ET
Size
7.2 KB
Accession
0001162677-20-000031
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.
Documents
Issuer
Royale Energy, Inc.
CIK 0001694617
Entity typeother
Related Parties
1- filerCIK 0001793931
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 4:20 PM ET
- Size
- 7.2 KB