SEC Form 3 · accession 0000899243-19-000794
TRANSATLANTIC PETROLEUM LTD. · TAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 31, 2018
Accepted (ET)
Jan 8, 2019 · 5:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092289
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares, par value $0.10F1,F2 | holding | — | — | — | 5,598,290 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12% Series A Convertible Redeemable Preferred SharesF2,F3,F1,F4 | $0.00 | holding | — | — | — | Nov 4, 2016 | — | Common shares, par value $0.10 | 14,915,804 | — | I |
Explanation of responses
- F1The filing of this Form 3 shall not be construed as an admission that Nokomis Capital, L.L.C. ("Nokomis Capital") or Brett Hendrickson, the manager of Nokomis Capital, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common shares, par value $0.10 (the "Common Stock"), of TransAtlantic Petroleum Ltd. (the "Issuer") purchased by certain private investment funds advised by Nokomis Capital (collectively, the "Nokomis Accounts"). Pursuant to Rule 16a-1, both Nokomis Capital and Mr. Hendrickson disclaim such beneficial ownership.
- F2Nokomis Capital holds indirectly the shares of Common Stock of the Issuer through the Nokomis Accounts, for which Nokomis Capital is the Investment Manager. Brett Hendrickson reports the Common Stock held indirectly by Nokomis Capital because, as the manager of Nokomis Capital at the time of purchase, he controlled the disposition and voting of the securities.
- F3The 12% Series A Convertible Redeemable Preferred Shares have no expiration date.
- F4The 12% Series A Convertible Redeemable Preferred Shares held by the Reporting Persons are not currently convertible into Common Stock due to certain blockers provisions contained in the governing documents for such 12% Series A Convertible Redeemable Preferred Shares.