4//SEC Filing
AZAR II RICHARD NATHAN 4
Accession 0001580695-18-000057
CIK 0001309082other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:23 PM ET
Size
19.3 KB
Accession
0001580695-18-000057
Insider Transaction Report
Form 4
AZAR II RICHARD NATHAN
Director10% Owner
Transactions
- Other
Common Stock
2017-01-09+33,119→ 33,119 total(indirect: By LLC) - Other
Common Stock
2017-01-09+29,954→ 3,439,339 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-04-04+6,215→ 39,334 total(indirect: By LLC) - Other
Common Stock
2017-04-04+21,429→ 3,460,768 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-04-04+11,412→ 11,412 total
Segundo Resources, LLC
10% Owner
Transactions
- Other
Common Stock
2017-01-09+33,119→ 33,119 total(indirect: By LLC) - Other
Common Stock
2017-04-04+6,215→ 39,334 total(indirect: By LLC) - Other
Common Stock
2017-04-04+11,412→ 11,412 total - Other
Common Stock
2017-01-09+29,954→ 3,439,339 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-04-04+21,429→ 3,460,768 total(indirect: RAD2 Minerals, Ltd.)
RAD2 Management, LLC
10% Owner
Transactions
- Other
Common Stock
2017-01-09+29,954→ 3,439,339 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-01-09+33,119→ 33,119 total(indirect: By LLC) - Other
Common Stock
2017-04-04+6,215→ 39,334 total(indirect: By LLC) - Other
Common Stock
2017-04-04+21,429→ 3,460,768 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-04-04+11,412→ 11,412 total
RAD2 Minerals, Ltd
10% Owner
Transactions
- Other
Common Stock
2017-01-09+33,119→ 33,119 total(indirect: By LLC) - Other
Common Stock
2017-01-09+29,954→ 3,439,339 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-04-04+6,215→ 39,334 total(indirect: By LLC) - Other
Common Stock
2017-04-04+21,429→ 3,460,768 total(indirect: RAD2 Minerals, Ltd.) - Other
Common Stock
2017-04-04+11,412→ 11,412 total
Footnotes (6)
- [F1]Richard N. Azar II, may be deemed to beneficially own: RAD2 Minerals, Ltd. ("RAD2"), which directly owns 200,000 shares of the Series B Redeemable Convertible Preferred Stock (the "Series B Preferred Stock") of the Issuer; and Segundo Resources, LLC ("Segundo"), which directly owns 58,000 shares of Series B Preferred Stock of the Issuer and as such indirectly beneficially owns the common stock and the Series B Preferred Stock held by RAD2 and Segundo. RAD2 Management, LLC ("RAD2 LLC") as general partner of RAD2, may be deemed to beneficially own the securities held by RAD2. Mr. Azar is the manager of RAD2 LLC and is the managing member of Segundo. Mr. Azar also directly owns 106,508 shares of Series B Preferred Stock of the Issuer.
- [F2]RAD2 and RAD2 LLC, which are also reporting their ownership on this Form 4, do not have a pecuniary interest in the securities owned by Mr. Azar or Segundo. RAD2 has pledged 3,120,606 of its shares to secure amounts due under the Issuer's August 2016 $40 million loan agreement with International Bank of Commerce.
- [F3]Segundo, which is also reporting its ownership on this Form 4, does not have a pecuniary interest in the securities owned by Mr. Azar, RAD2 LLC or RAD2.
- [F4]Represents shares of common stock of the Issuer issued in consideration for dividends which accrued on the Series B Preferred Stock at the rate of 6% per annum, based on the $25 face value per share of the Series B Preferred Stock (see also footnotes 5 and 6).
- [F5]Represents the quarterly dividend due on the Series B Preferred Stock for the period from August 25, 2016 to December 31, 2016, which was paid by the Issuer in shares of common stock, based on a dividend issuance price of $3.50 per share, the conversion price under the Series B Preferred Stock, as provided for under the terms of the Series B Preferred Stock.
- [F6]Represents the quarterly dividend due on the Series B Preferred Stock for the quarter ended March 31, 2017, which was paid by the Issuer in shares of common stock, based on a dividend issuance price of $3.50 per share, the conversion price under the Series B Preferred Stock, as provided for under the terms of the Series B Preferred Stock.
Documents
Issuer
CAMBER ENERGY, INC.
CIK 0001309082
Entity typeother
Related Parties
1- filerCIK 0001682851
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:23 PM ET
- Size
- 19.3 KB