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4//SEC Filing

DEEP WELL OIL & GAS INC 4

Accession 0001213900-13-004577

CIK 0000869495operating
View on SEC.govCompany Profile

Filed

Aug 15, 8:00 PM ET

Accepted

Aug 16, 7:29 PM ET

Size

12.0 KB

Accession

0001213900-13-004577

Insider Transaction Report

Form 4
Period: 2013-08-12
DEEP WELL OIL & GAS INCDWOG.PK
SCHMID HORST A
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2013-08-12$0.07/sh+330,000$24,750→ 3,280,000 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2013-08-12$0.05/sh+150,000$7,500→ 2,950,000 total
  • Exercise/Conversion

    Stock Option (right to acquire)

    2013-06-20−150,000→ 2,600,000 total
    Exercise: $0.05Exp: 2018-06-20→ Common Stock (150,000 underlying)
  • Exercise/Conversion

    Warrant to Purchase

    2013-06-20−330,000→ 2,270,000 total(indirect: See Footnote)
    Exercise: $0.07From: 2013-06-20Exp: 2016-06-20→ Common Stock (330,000 underlying)
Footnotes (2)
  • [F1]Effective on June 20, 2013, Dr. Horst A. Schmid 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, Dr. Schmid exercised 150,000 stock options.
  • [F2]Effective on June 20, 2013, Portwest Investments Ltd., a company 100% owned by Dr. Horst A. Schmid, closed a private placement with the Issuer for an aggregate of 850,000 units at a price of $0.05 per unit, for total gross proceeds of $42,500. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $0.075 per common share for a period of three years from the date of closing. The Warrants expire on June 20, 2016. On August 12, 2013, Portwest Investments Ltd. exercised 330,000 of these warrants.

Documents

1 file

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, 7:29 PM ET
Size
12.0 KB
View on SEC.gov