Lindsay Johnathan 4
4 · STRATEGIC AMERICAN OIL CORP · Filed Mar 3, 2011
Insider Transaction Report
Form 4
Lindsay Johnathan
Secretary, Treasuer & CFO
Transactions
- Other
Common stock
[F1]2011-02-14+186,348→ 372,696 total(indirect: By Spouse) - Purchase
Common stock
2011-02-28$0.10/sh+250,000$25,000→ 276,931 total(indirect: By Ocean Tower Productions) - Other
Warrants
[F1][F2]2011-02-14+186,348→ 372,696 total(indirect: By Spouse)Exercise: $0.10From: 2009-10-15Exp: 2014-10-15→ Common stock (186,348 underlying)
Holdings
- 218,537
Common stock
Footnotes (2)
- [F1]Deborah Price, the Reporting Person's spouse, entered into a securities purchase agreement dated October 15, 2009, for the purchase of shares and warrants that cnotained price protection provisions. As a result of the operation of these price protection provisions, the Reporting Issuer's spouse was issued 186,348 common shares and her previously issued warrants were adjusted to double the number of shares issuable thereunder and to reduce the exercise price from $0.23 to $0.10 per share.
- [F2]In addition to the common shares held both directly and indirectly, the reporting person also holds 600,000 incentive stock options.
Signature
/s/ Johnathan Lindsay|2011-03-02