Home/Filings/4/0001553571-16-000001
4//SEC Filing

HOUSTON AMERICAN ENERGY CORP 4

Accession 0001553571-16-000001

$AGIGCIK 0001156041operating

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 6:45 PM ET

Size

12.6 KB

Accession

0001553571-16-000001

Insider Transaction Report

Form 4
Period: 2016-09-02
Transactions
  • Purchase

    Common Stock

    2016-09-02$0.20/sh+30,000$5,90130,000 total
Holdings
  • Stock Option (Right to Buy)

    Exercise: $1.18From: 2013-01-02Exp: 2022-07-02Common Stock (25,000 underlying)
    25,000
  • Stock Option (Right to Buy)

    Exercise: $0.20From: 2015-12-09Exp: 2025-06-09Common Stock (50,000 underlying)
    50,000
  • Stock Option (Right to Buy)

    Exercise: $0.41From: 2014-12-10Exp: 2024-06-10Common Stock (50,000 underlying)
    50,000
  • Stock Option (Right to Buy)

    Exercise: $0.22From: 2017-06-07Exp: 2026-06-07Common Stock (150,000 underlying)
    150,000
  • Stock Option (Right to Buy)

    Exercise: $0.31From: 2013-12-11Exp: 2023-06-11Common Stock (25,000 underlying)
    25,000
  • Stock Option (Right to Buy)

    Exercise: $0.22From: 2016-12-07Exp: 2026-06-07Common Stock (50,000 underlying)
    50,000
Footnotes (2)
  • [F1]The options were granted on June 7, 2016 and are exercisable six months from the date of grant, subject to vesting. The options vest 20% on the date of grant and 80% nine months from the grant date.
  • [F2]The options were granted on June 7, 2016 and are exercisable six months from the date of grant, subject to vesting. The options vest (a) 50% on the earlier of (i) June 7, 2017, or (ii) the day prior to the next annual shareholders' meeting, and (b) 50% on the earlier of (i) June 7, 2018, or (ii) the day prior to the second annual shareholders' meeting following the grant date; provided that (c) all unvested options will vest upon completion of a transaction(s) involving the issuance of equity securities providing not less than $2 million of additional shareholders' equity.

Issuer

HOUSTON AMERICAN ENERGY CORP

CIK 0001156041

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001156041

Filing Metadata

Form type
4
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 6:45 PM ET
Size
12.6 KB