DALA PETROLEUM CORP. 4
4 · DALA PETROLEUM CORP. · Filed May 31, 2016
Insider Transaction Report
Form 4
Gumma William
DirectorCEO10% Owner
Transactions
- Other
Common Stock Purchase Warrant
2016-05-10+142,858→ 0 total(indirect: By Trust)Exercise: $1.35From: 2014-06-03Exp: 2017-06-03→ Common Stock (142,858 underlying) - Other
Common Stock
2016-05-26−1,830,000→ 0 total(indirect: By Trust) - Sale
Series A 6% Convertible Preferred Stock
2016-05-10$1.00/sh−100$100→ 0 total(indirect: By Trust)Exercise: $0.70From: 2014-06-03→ Common Stock (142,858 underlying)
Footnotes (3)
- [F1]Shares returned to Company for cancellation pursuant to a settlement arrangement.
- [F2]Mr. Gumma is the trustee of the Orinoco Revocable Trust.
- [F3]These preferred shares are perpetual.