DEEP WELL OIL & GAS INC 4
4 · DEEP WELL OIL & GAS INC · Filed Aug 7, 2015
Insider Transaction Report
Form 4
YOUYOU MALIK
Director10% Owner
Transactions
- Purchase
Common Stock
2014-11-24$0.20/sh+100,000$20,000→ 113,529,715 total - Purchase
Common Stock
2014-11-25$0.20/sh+101,000$20,200→ 113,639,206 total - Purchase
Common Stock
2014-12-03$0.20/sh+73,522$14,704→ 113,712,782 total - Purchase
Common Stock
2014-12-04$0.20/sh+53,490$10,698→ 113,792,750 total - Purchase
Common Stock
2014-12-09$0.20/sh+30,000$6,000→ 113,845,551 total - Purchase
Common Stock
2015-06-05$0.10/sh+24,500$2,450→ 114,239,991 total - Purchase
Common Stock
2015-06-11$0.10/sh+59,000$5,900→ 114,298,991 total - Other
Warrants for Common Shares
2015-07-28−7,833,766→ 64,494,804 totalFrom: 2010-11-09Exp: 2016-11-23→ Common Stock (7,833,766 underlying) - Purchase
Common Stock
2014-11-24$0.20/sh+20,000$4,000→ 113,429,715 total - Purchase
Common Stock
2015-06-18$0.10/sh+7,100$710→ 114,306,091 total - Other
Warrants for Common Shares
2015-07-28−11,750,648→ 52,744,156 totalFrom: 2012-11-23Exp: 2016-11-23→ Common Stock (11,750,648 underlying) - Purchase
Common Stock
2014-11-18$0.20/sh+20,000$4,000→ 113,233,294 total - Purchase
Common Stock
2014-11-20$0.20/sh+76,866$15,373→ 113,310,715 total - Purchase
Common Stock
2014-11-20$0.20/sh+99,000$19,800→ 113,409,715 total - Purchase
Common Stock
2014-11-25$0.20/sh+8,545$1,709→ 113,538,260 total - Purchase
Common Stock
2014-12-04$0.20/sh+26,478$5,296→ 113,739,260 total - Purchase
Common Stock
2014-12-08$0.20/sh+22,801$4,560→ 113,815,551 total - Purchase
Common Stock
2014-12-09$0.20/sh+63,709$12,742→ 113,909,260 total - Purchase
Common Stock
2014-12-10$0.20/sh+66,134$13,227→ 113,975,394 total - Purchase
Common Stock
2015-04-22$0.10/sh+2,172$217→ 113,977,566 total - Purchase
Common Stock
2015-05-21$0.10/sh+233,550$23,355→ 114,211,116 total - Purchase
Common Stock
2015-06-02$0.10/sh+2,000$200→ 114,213,116 total - Purchase
Common Stock
2015-06-04$0.10/sh+2,375$238→ 114,215,491 total
Footnotes (2)
- [F1]Pursuant to a subscription agreement dated November 9, 2010, Deep Well Oil & Gas, Inc. (the "Company") completed a private placement with Mr. Malik Youyou, a director of the Company, of which warrants were issued. Each warrant entitles the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of the warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Mr. Youyou agreed to reduce the number of warrants from 28,571,428 to 20,737,662 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged.
- [F2]Pursuant to a subscription agreement dated November 23, 2012, the Company closed a private placement with Mr. Malik Youyou, a director of the Company, of which warrants were issued. Each warrant entitles the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of these warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Mr. Youyou agreed to reduce the number of warrants from 42,857,142 to 31,106,494 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged.