4//SEC Filing
Mansano Roy 4
Accession 0001209191-23-002472
CIK 0001848334other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 7:00 PM ET
Size
30.6 KB
Accession
0001209191-23-002472
Insider Transaction Report
Form 4
Mansano Roy
10% Owner
Transactions
- Other
Warrants
2022-11-08+18,762→ 2,497,333 total(indirect: By Roy Mansano MD APMC)→ Common Stock (18,762 underlying) - Other
Warrants
2022-11-08−38,889→ 2,458,444 total(indirect: By Roy Mansano MD APMC)→ Common Stock (38,889 underlying) - Other
Warrants
2022-12-08+18,439→ 2,476,883 total(indirect: By Roy Mansano MD APMC)→ Common Stock (18,439 underlying) - Other
10% Convertible Loan
2022-11-08(indirect: By Roy Mansano MD APMC)Exercise: $0.03From: 2022-11-08Exp: 2025-05-08→ Common Stock (56,288 underlying) - Other
Warrants
2023-01-03−505,700→ 1,932,294 total(indirect: By Roy Mansano MD APMC)→ Common Stock (505,700 underlying) - Other
10% Convertible Loan
2022-11-08(indirect: By Roy Mansano MD APMC)Exercise: $0.03From: 2021-11-17Exp: 2025-05-08→ Common Stock (116,667 underlying) - Other
10% Convertible Loan
2022-12-08(indirect: By Roy Mansano MD APMC)Exercise: $0.03From: 2022-12-08Exp: 2025-05-08→ Common Stock (55,315 underlying) - Other
10% Convertible Loan
2022-12-08(indirect: By Roy Mansano MD APMC)Exercise: $0.03From: 2021-11-17Exp: 2025-05-08→ Common Stock (116,666 underlying) - Other
Warrants
2022-12-08−38,889→ 2,437,994 total(indirect: By Roy Mansano MD APMC)→ Common Stock (38,889 underlying) - Other
10% Convertible Loan
2023-01-03→ 173,906.46 total(indirect: By Roy Mansano MD APMC)Exercise: $0.03From: 2021-11-17Exp: 2025-05-08→ Common Stock (1,517,101 underlying)
Holdings
- 3,000,000
Common Stock
- 1,250,000(indirect: By Roy Mansano MD APMC)
Common Stock
Footnotes (10)
- [F1]Represents interest accrued on the 10% Convertible Loan (the "Loan") on this date. The outstanding principal and accrued interest on the Loan (the "Loan Amount") is convertible at any time into shares of Common Stock at a conversion price of $0.03 per share. For every three shares of Common Stock received upon conversion of the Loan Amount, the holder will also receive one Warrant to buy an additional share of Common Stock at an exercise price of $0.03 per share. The Warrants underlying the Loan Amount are also reported on this form.
- [F10]The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 5,796,882.
- [F2]The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,492,001.
- [F3]These Warrants are not currently outstanding but may be issued upon conversion of the interest that was accrued on the Loan on this date. The Warrants will be exercisable immediately if and when issued and will have an exercise price of $0.03 per share and a three-year term.
- [F4]Represents a Loan payment on this date, which reduced the Loan Amount by the amount of the payment.
- [F5]The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,375,334.
- [F6]These Warrants were subject to issuance upon conversion of the Loan Amount that was paid on this date. The Warrants would have been exercisable immediately if and when issued and would have had an exercise price of $0.03 per share and a three-year term.
- [F7]The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,430,649.
- [F8]The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,313,983.
- [F9]On January 3, 2023, the terms of the Loan were amended to provide that at no time shall the reporting person be permitted to convert any portion of the Loan Amount if such conversion would result in his being the beneficial owner of more than 9.99% of the issuer's class of Common Stock. The amendment had the effect of reducing the reporting person's beneficial ownership on this date to below 9.99% as indicated.
Documents
Issuer
OKMIN RESOURCES, INC.
CIK 0001848334
Entity typeother
Related Parties
1- filerCIK 0001954059
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 7:00 PM ET
- Size
- 30.6 KB