GAYLOR STUART CHARLES 4
4 · SUMMER ENERGY HOLDINGS INC · Filed Jan 3, 2020
Insider Transaction Report
Form 4
GAYLOR STUART CHARLES
Director
Transactions
- Other
Common Stock
2019-12-30+7,544→ 614,735 total - Award
Stock Option (Right to Buy)
2019-12-30+10,000→ 10,000 totalExercise: $2.25From: 2019-12-30Exp: 2029-12-30→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The reporting person received these shares of common stock in connection with a personal guaranty given by the reporting person for the benefit of the Issuer in connection with a loan, whereby the Issuer borrowed funds from a lending institution.
- [F2]Does not include 1,805,556 shares held of record by GF Holdings, Ltd., a Texas limited partnership. Mr. Gaylor is the manager of GF Holdings GP, LLC, a Texas limited liability company, which is the general partner of GF Holdings, Ltd. Mr. Gaylor has voting and dispositive control over securities held by GF Holdings, Ltd. Mr. Gaylor disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.