Beasley Quinten 4

4 · Petrolia Energy Corp · Filed Feb 14, 2018

Form 4

Period: 2016-04-18

Director

Transactions

Other
Common Stock (Restricted)
2016-12-13$0.18/sh+3,624,030$652,325→ 4,084,030 total(indirect: By LLC)
Other
Common Stock (Restricted)
2017-05-30$0.21/sh+1,038,529$218,091→ 5,122,559 total(indirect: By LLC)
Other
Common Stock (Restricted)
2017-07-21$0.14/sh+1,483,613$207,706→ 6,606,172 total(indirect: By LLC)
Exercise/Conversion
Common Stock (Restricted)
2017-07-21$0.14/sh+1,100,000$154,000→ 7,716,172 total(indirect: By LLC)
Award
Warrant
2016-04-18+500,000→ 610,000 total
Exercise: $0.12From: 2017-05-23Exp: 2020-05-23→ Common Stock (500,000 underlying)
Award
Warrant
2017-05-23+500,000→ 1,100,000 total
Exercise: $0.12From: 2017-05-23Exp: 2020-05-23→ Common Stock (500,000 underlying)
Conversion
Warrant
2018-02-01−1,100,000→ 0 total(indirect: By LLC)
→ Common Stock (1,100,000 underlying)

Footnotes (6)

[F1]Shares received through the acquisition of 10% net WI in the SUDS Field. This represents the ownership interest in which Critical Communication LLC held through its position held in the property.
[F2]Shares received through the additional acquisition by Petrolia of 40% net WI in the SUDS Field. This represents the ownership interest in which Critical Communication LLC held through its position held in the property.
[F3]Shares received through the settlement of the $3 million Debt owed to Jovian for the acquisition of the remaining 50% WI in SUDS. This represents the ownership interest in which Critical Communication LLC held through its position held in the property.
[F4]Mr. Beasley has agreed to exercise all the warrants that he holds at this time, to settle a significant portion of the outstanding invoices issued through Critical Communication LLC. The exercising of warrants was approved by the Board.
[F5]Warrants issued through the Directors Compensation package for annual service on Petrolia's Board of Directors.
[F6]varies

Documents

1 file