DEEP WELL OIL & GAS INC 4/A
4/A · DEEP WELL OIL & GAS INC · Filed Feb 4, 2014
Insider Transaction Report
Form 4/AAmended
SPARROW CURTIS J
Director
Transactions
- Exercise/Conversion
Common Stock
2013-08-12$0.05/sh+500,000$25,000→ 1,650,000 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
2013-08-12$0.14/sh+450,000$63,000→ 1,150,000 total - Award
Stock Option (right to acquire)
2013-08-12−150,000→ 1,750,000 totalExercise: $0.05Exp: 2018-06-20→ Common Stock (150,000 underlying) - Award
Stock Option (right to acquire)
2013-08-12−450,000→ 1,300,000 totalExercise: $0.14Exp: 2016-03-23→ Common Stock (450,000 underlying) - Exercise/Conversion
Common Stock
2013-08-12$0.05/sh+150,000$7,500→ 700,000 total - Award
Stock Option (right to acquire)
2013-08-12−500,000→ 800,000 total(indirect: See Footnote)Exercise: $0.05Exp: 2018-06-20→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Effective on June 20, 2013, Mr. Curtis Sparrow 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. Sparrow exercised 150,000 stock options.
- [F2]In addition, on March 23, 2011, Mr. Sparrow was previously granted options to purchase up to 450,000 shares of common stock at an exercise price of $0.14, all of which have since vested and are fully exercisable. On August 12, 2013, Mr. Sparrow exercised 450,000 stock options.
- [F3]Effective on June 20, 2013, Concorde Consulting, a company owned 100% by Mr. Curtis Sparrow, was granted options to purchase 1,000,000 shares each of common stock at an exercise price of $0.05 per common share, 500,000 vesting immediately and the remaining 500,000 vesting on June 20, 2014, with a five-year life. On August 12, 2013, Concorde Consulting exercised 500,000 stock options.