DEEP WELL OIL & GAS INC 4
4 · DEEP WELL OIL & GAS INC · Filed Aug 30, 2013
Insider Transaction Report
Form 4
DEEP WELL OIL & GAS INCDWOG.PK
ARRATA SAID
Director
Transactions
- Exercise/Conversion
Common Shares
2013-08-13$0.14/sh+450,000$63,000→ 1,100,000 total - Exercise/Conversion
Stock Option (right to acquire)
2013-08-13−450,000→ 300,000 totalExercise: $0.14Exp: 2016-03-23→ Common Stock (450,000 underlying) - Exercise/Conversion
Common Shares
2013-08-13$0.05/sh+150,000$7,500→ 650,000 total - Exercise/Conversion
Stock Option (right to acquire)
2013-08-13−150,000→ 750,000 totalExercise: $0.05Exp: 2018-06-20→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Effective on June 20, 2013, Mr. Said Arrata 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 13, 2013, Mr. Arrata exercised 150,000 stock options.
- [F2]In addition, on March 23, 2011, Mr. Arrata was granted options to purchase up to 450,000 shares of common stock at an exercise price of $0.14. On August 13, 2013, Mr. Arrata exercised 450,000 stock options.