SEC Form 4 · accession 0001127602-15-003775
BIG SKY INDUSTRIAL INC. · BSIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith G Larsen
Officer — CHAIRMAN & CEO · Director
Period of report
Jan 29, 2015
Accepted (ET)
Feb 2, 2015 · 5:08 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 StockF2 | Jan 29, 2015 | A | 18,238 | $1.48 | A | 140,889 | I | By Esop |
| Common StockF4 | Jan 29, 2015 | J | 38,879 | $1.48 | A | 277,619 | I | By Immediate Family |
| Common Stock | holding | — | — | — | 576,031 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F5 | $1.50 | holding | — | — | — | Jan 2, 2016 | Jan 1, 2025 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (Right to Buy)F5 | $2.08 | holding | — | — | — | Jul 1, 2014 | Jun 30, 2023 | Common Stock | 65,000 | 65,000 | D |
| Stock Option (Right to Buy)F6 | $2.52 | holding | — | — | — | Sep 22, 2009 | Sep 21, 2018 | Common Stock | 75,000 | 75,000 | D |
| Stock Options (Right to Buy)F7 | $4.97 | holding | — | — | — | Jan 1, 2008 | Jul 26, 2017 | Common Stock | 150,000 | 150,000 | D |
| Stock Options (Right to Buy)F8 | $3.86 | holding | — | — | — | Oct 14, 2005 | Oct 13, 2015 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Shares issued in the U.S. Energy Corp. Employee Stock Ownership Plan (the 'ESOP') in an account established for the benefit of the Reporting Person.
- 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.
- F3Shares issued to be held in ESOP accounts established for the benefit of members of the Reporting Persons 'Immediate Family', as that term is defined in Rule 16a-1(e), in accordance with Rule 16a-8(b)(2).
- F4Includes shares held in ESOP accounts established to benefit members of the Reporting Persons 'Immediate Family', as that term is defined in Rule 16a-1(e), in accordance with Rule 16a-8(b)(2).
- F5Stock options granted under the Issuer's 2012 Equity Plan which vest in three (3) equal annual installments beginning one year from the grant date.
- F6Stock options granted under the Issuer's 2001 Incentive Stock Option Plan which vest in three (3) equal annual installments beginning September 22, 2009.
- F7Stock options granted under the Issuer's 2001 Incentive Stock Option Plan with a 5 year vesting schedule and exempt under Rule 16b-3.
- F8Includes stock options granted under the Issuer's 2001 Incentive Stock Option Plan and exempt under Rule 16b-3.