Home/Filings/4/0001580695-18-000519
4//SEC Filing

Beasley Quinten 4

Accession 0001580695-18-000519

CIK 0001368637other

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 3:54 PM ET

Size

10.0 KB

Accession

0001580695-18-000519

Insider Transaction Report

Form 4
Period: 2018-09-30
Transactions
  • Award

    Warrant

    2018-09-30$0.01/sh+250,000$2,500750,000 total(indirect: By LLC)
    Exercise: $0.10From: 2019-01-01Exp: 2021-01-01Common Stock (250,000 underlying)
  • Award

    Common Shares (Restricted)

    2018-10-17$0.13/sh+2,000,000$256,0009,716,172 total(indirect: By LLC)
  • Award

    Warrant

    2018-10-17$0.01/sh+2,000,000$20,0002,750,000 total(indirect: By LLC)
    Exercise: $0.10From: 2018-10-17Exp: 2020-10-17Common Stock (2,000,000 underlying)
Footnotes (2)
  • [F1]Mr. Beasley resigned from the board on October 17, 2018, to allow for Richard Dole to be appointed in his place. He received 2,000,000 shares and 2,000,000 warrants as part of his departure settlement for previous work.
  • [F2]Mr. Beasley receives a 250,000-warrant issuance quarterly as part of his compensation 2018 compensation package for his service on the Board; exercisable for a 24 months period as of January 1, 2019.

Issuer

Petrolia Energy Corp

CIK 0001368637

Entity typeother

Related Parties

1
  • filerCIK 0001648404

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 3:54 PM ET
Size
10.0 KB