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Texas South Energy, Inc.·4

Jul 31, 11:19 AM ET

MAYELL MICHAEL J 4

4 · Texas South Energy, Inc. · Filed Jul 31, 2018

Insider Transaction Report

Form 4
Period: 2018-04-26
Texas South Energy, Inc.TXSO
MAYELL MICHAEL J
DirectorChief Executive Officer10% Owner
Transactions
  • Gift

    Common Stock

    2018-07-30−6,000,000→ 155,475,000 total
  • Award

    Convertible Debt

    2018-04-26$0.02/sh+28,000,000$560,000→ 53,850,000 total
    Exercise: $0.02From: 2018-04-26→ Common Stock (28,000,000 underlying)
  • Award

    Convertible Debt

    2018-07-27$0.02/sh+6,625,000$132,500→ 60,475,000 total
    Exercise: $0.02From: 2018-07-27→ Common Stock (6,625,000 underlying)
Holdings

  • Common Stock

    (indirect: By an affiliated corporation)
    16,500,000
Footnotes (2)
  • [F1]There was no sales price as these transactions were bona-fide gifts.
  • [F2]The amounts owed are due and payable upon demand and the expiration date of the conversion right is the date the debt is paid.

Documents

1 file
  • 4
    ownership.xmlPrimary