4//SEC Filing
DEEP WELL OIL & GAS INC 4
Accession 0001213900-13-004575
CIK 0000869495operating
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 7:00 PM ET
Size
12.0 KB
Accession
0001213900-13-004575
Insider Transaction Report
Form 4
DAS SATYA BRATA
Director
Transactions
- Exercise/Conversion
Common Shares
2013-08-12$0.05/sh+150,000$7,500→ 1,104,285 total - Exercise/Conversion
Common Shares
2013-08-12$0.10/sh+238,096$25,000→ 1,342,381 total(indirect: See Footnote) - Exercise/Conversion
Stock Option (right to acquire)
2013-08-12−150,000→ 1,464,285 totalExercise: $0.05Exp: 2018-06-20→ Common Stock (150,000 underlying) - Exercise/Conversion
Stock Option (right to acquire)
2013-08-12−238,096→ 1,226,189 total(indirect: See Footnote)Exercise: $0.10From: 2010-11-09Exp: 2013-11-09→ Common Stock (238,096 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. On August 12, 2013, Mr. Das exercised 150,000 stock options.
- [F2]Effective on November 9, 2010, Cambridge Strategies Inc. closed a private placement with the Issuer for an aggregate of 714,285 units at a price of US$0.07 per unit, for total gross proceeds of US$50,000. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of US$0.105 for a period of three years from the closing date. The warrants will expire on November 9, 2013. Cambridge Strategies Inc. is a company 50% owned by Mr. Das and 50% owned by his wife. On August 12, 2013, Cambridge Strategies Inc. exercised 238,096 of these warrants previously issued to Cambridge Strategies Inc. on November 9, 2010.
Documents
Issuer
DEEP WELL OIL & GAS INC
CIK 0000869495
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000869495
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 7:00 PM ET
- Size
- 12.0 KB