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4//SEC Filing

Yuma Energy, Inc. 4

Accession 0001354488-14-004757

CIK 0000081318operating

Filed

Sep 21, 8:00 PM ET

Accepted

Sep 22, 4:35 PM ET

Size

7.0 KB

Accession

0001354488-14-004757

Insider Transaction Report

Form 4
Period: 2014-09-10
Banks Sam L.
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Common Stock

    2014-09-10+40,871,22940,871,229 total
  • Award

    Common Stock

    2014-09-10+282,48841,153,717 total
Footnotes (3)
  • [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 common stock of Old Yuma was cancelled and exchanged for 757.34 shares of New Yuma common stock.
  • [F2]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.
  • [F3]The New Yuma restricted stock award vests as to 112,594 shares of New Yuma common stock on April 1, 2015, as to 37,867 shares on May 20, 2015, as to 56,293 shares on December 31, 2015, as to 37,867 shares on January 1, 2016, and as to 37,867 shares on January 1, 2017.

Issuer

Yuma Energy, Inc.

CIK 0000081318

Entity typeoperating
IncorporatedCA

Related Parties

1
  • filerCIK 0000081318

Filing Metadata

Form type
4
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 4:35 PM ET
Size
7.0 KB