Eos Petro, Inc. 4
4 · Eos Petro, Inc. · Filed Feb 19, 2015
Insider Transaction Report
Form 4
Eos Petro, Inc.EOPT
ORING MARTIN B
Director
Transactions
- Disposition to Issuer
Options to acquire common stock
2015-02-19$2.50/sh−25,000$62,500→ 0 total(indirect: By LLC)Exercise: $2.50From: 2012-05-01Exp: 2015-05-01→ Common Stock (25,000 underlying) - Award
Options to acquire common stock
2015-02-19$2.50/sh+25,000$62,500→ 25,000 total(indirect: By LLC)Exercise: $2.50From: 2012-05-01Exp: 2016-05-01→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]The two reported transactions involve the extension of the expiration date for outstanding options originally granted to Mr. Oring as of May 1, 2012 in consideration for Mr. Oring's services as a director. Effective as of February 19, 2015, the Board of Directors approved an extension of the expiration date of such options from May 1, 2015 to May 1, 2016. All other terms of the options remain unchanged.