DEEP WELL OIL & GAS INC 4/A
4/A · DEEP WELL OIL & GAS INC · Filed Feb 11, 2016
Insider Transaction Report
Form 4/AAmended
SCHMID HORST A
Director
Transactions
- 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) - 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)
Footnotes (4)
- [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.
- [F3]Correcting error on last filed Form 4 filed on September 23, 2014. The number of Derivative Securities issued to Dr. Horst A. Schmid and Portwest Investments Ltd. was recorded in the wrong column under "Dispose Of" and has now been corrected and recorded under the "Acquired" column. This Form 4/A corrects this error in its entirety.
- [F4]Portwest Investments Ltd., a company 100% owned by Dr. Horst A. Schmid.