DEEP WELL OIL & GAS INC 4
4 · DEEP WELL OIL & GAS INC · Filed Jul 5, 2013
Insider Transaction Report
Form 4
DAS SATYA BRATA
Director
Transactions
- Award
Stock Option (right to acquire)
2013-06-20+450,000→ 1,614,285 totalExercise: $0.05Exp: 2018-06-20→ Common Stock (450,000 underlying)
Footnotes (2)
- [F1]Effective on June 20, 2013, Mr. Satya Brata Das was granted options to purchase 450,000 shares each of common stock at an exercise price of $0.05 per common share, 150,000 vesting immediately and the remaining vesting one-third on June 20, 2014, and one-third on June 20, 2015, with a five-year life.
- [F2]Presently Mr. Das has exercisable warrants to indirectly acquire up to 714,285 shares of common stock of the issuer through Cambridge Strategies Inc. Cambridge Strategies Inc., is a company 50% owned by Mr. Das and 50% owned by his wife. In addition, on March 23, 2011, Mr. Das was granted options to purchase up to 450,000 shares of common stock at an exercise price of $0.14.