Beasley Quinten 4
4 · Petrolia Energy Corp · Filed Dec 7, 2018
Insider Transaction Report
Form 4
Beasley Quinten
Director
Transactions
- Award
Warrant
2018-09-30$0.01/sh+250,000$2,500→ 750,000 total(indirect: By LLC)Exercise: $0.10From: 2019-01-01Exp: 2021-01-01→ Common Stock (250,000 underlying) - Award
Common Shares (Restricted)
2018-10-17$0.13/sh+2,000,000$256,000→ 9,716,172 total(indirect: By LLC) - Award
Warrant
2018-10-17$0.01/sh+2,000,000$20,000→ 2,750,000 total(indirect: By LLC)Exercise: $0.10From: 2018-10-17Exp: 2020-10-17→ Common 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.