4//SEC Filing
DEEP WELL OIL & GAS INC 4
Accession 0001213900-16-018911
CIK 0000869495operating
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 12:47 PM ET
Size
6.8 KB
Accession
0001213900-16-018911
Insider Transaction Report
Form 4
DAS SATYA BRATA
Director
Transactions
- Other
Warrant (expired)
2016-11-23−311,065→ 900,000 total(indirect: See footnote)Exercise: $0.10From: 2010-11-09Exp: 2016-11-23→ Common Stock (311,065 underlying)
Footnotes (2)
- [F1]Pursuant to a subscription agreement dated November 9, 2010, Deep Well Oil & Gas, Inc. (the "Company") completed a private placement with Cambridge Strategies, Inc. ("Cambridge") of which warrants were issued. Each warrant entitled 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 Cambridge agreed to reduce the number of warrants from 428,571 to 311,065 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged. On November 23, 2016, 311,065 warrant shares previously granted to Cambridge Strategies, on November 9, 2010, and subsequently amended on July 28, 2015, expired unexercised.
- [F2]Cambridge Strategies Inc. is a company owned 50% by Mr. Satya Brata Das (a director of the Company) and 50% owned by his wife.
Documents
Issuer
DEEP WELL OIL & GAS INC
CIK 0000869495
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000869495
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 12:47 PM ET
- Size
- 6.8 KB