DEEP WELL OIL & GAS INC 4
4 · DEEP WELL OIL & GAS INC · Filed Sep 23, 2014
Insider Transaction Report
Form 4
DEEP WELL OIL & GAS INCDWOG.PK
SCHMID HORST A
Director
Transactions
- Award
Stock Option (right to acquire)
2014-09-19−1,200,000→ 4,070,000 total(indirect: See Footnote)Exercise: $0.38Exp: 2019-09-19→ Common Stock (1,200,000 underlying) - Award
Stock Option (right to acquire)
2014-09-19−600,000→ 2,870,000 totalExercise: $0.38Exp: 2019-09-19→ Common Stock (600,000 underlying)
Footnotes (2)
- [F1]Effective on September 19, 2014, Dr. Horst A. Schmid was granted options to purchase 600,000 shares each of common stock at an exercise price of $0.38 per common share, 200,000 vesting immediately and the remaining vesting one-third on September 29, 2015, and one-third on September 19, 2016, with a five-year life.
- [F2]Effective on September 19, 2014, Portwest Investments Ltd.was granted options to purchase 1,200,000 shares each of common stock at an exercise price of $0.38 per common share, 600,000 vesting immediately and the remaining vesting September 19, 2015, with a five-year life.