SEC Form 4 · accession 0001127602-15-001227

BIG SKY INDUSTRIAL INC. · BSIN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO

Period of report

Jan 2, 2015

Accepted (ET)

Jan 6, 2015 · 5:25 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000101594

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jan 2, 2015	A	71,316	$0.00	A	104,811	D
Common Stock^F2	holding	—	—		—	62,847	I	By Esop

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F3	$1.50	Jan 2, 2015	A	71,316	A	Jan 2, 2016	Jan 1, 2025	Common Stock	71,316	71,316	D
Stock Option (Right to Buy)^F3	$2.08	holding	—	—	—	Jul 1, 2014	Jun 30, 2023	Common Stock	50,000	50,000	D
Stock Option (Right to Buy)^F3	$2.32	holding	—	—	—	Jul 11, 2013	Jul 10, 2022	Common Stock	25,000	25,000	D
Stock Option (Right to Buy)^F4	$2.52	holding	—	—	—	Sep 22, 2009	Sep 21, 2018	Common Stock	30,000	30,000	D
Stock Option (Right to Buy)^F5	$4.97	holding	—	—	—	Jan 1, 2008	Jul 26, 2017	Common Stock	75,000	75,000	D

F1The restricted stock shares vest in 3 equal annual installments beginning one year from the grant date.
F2Shares held in the U.S. Energy Corp. Employee Stock Ownership Plan (the 'ESOP') in an account established for the benefit of the Reporting Person.
F3Stock options granted under the Issuer's 2012 Equity Plan which vest in three (3) equal annual installments beginning one year from the grant date.
F4Stock options granted under the Issuer's 2001 Incentive Stock Option Plan which vest in three (3) equal annual installments beginning September 22, 2009
F5Stock options granted under the Issuer's 2001 Incentive Stock Option Plan with a 5 year vesting schedule and exempt under Rule 16b-3.