Yuma Energy, Inc. 4
4 · Yuma Energy, Inc. · Filed Sep 22, 2014
Insider Transaction Report
Form 4
MORRIS BENJAMIN T
Director
Transactions
- Award
Common Stock
2014-09-10+41,950→ 160,793 total - Award
Common Stock
2014-09-10+118,843→ 118,843 total - Award
Common Stock
2014-09-10+8,330→ 169,123 total
Footnotes (4)
- [F1]Pursuant to the Amended and Restated Agreement and Plan of Merger and Reorganization, dated as of August 1, 2014 (the ?Merger Agreement?), by and among Yuma Energy, Inc., a Delaware corporation (?Old Yuma?), Pyramid Oil Company, a California corporation (?New Yuma?), Pyramid Delaware Merger Subsidiary, Inc., and Pyramid Merger Subsidiary, Inc. (?Merger Sub?), Merger Sub merged with and into Old Yuma (the ?Merger?). Upon the effective time of the Merger, each share of Series A Preferred Stock of Old Yuma was cancelled and exchanged for 914.18 shares of New Yuma common stock.
- [F2]Upon the effective time of the Merger, each share of Series B Preferred Stock of Old Yuma was cancelled and exchanged for 384.87 shares of New Yuma common stock.
- [F3]Outstanding Old Yuma restricted stock awards were assumed by New Yuma pursuant to the Merger Agreement and replaced with New Yuma restricted stock awards. Each share of Old Yuma restricted stock was exchanged for approximately 757.34 shares of New Yuma restricted stock.
- [F4]The New Yuma restricted stock award vests on April 1, 2015.