SEC Form 4 · accession 0001122770-15-000001
SARATOGA RESOURCES INC /TX · SARA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randal B McDonald Jr.
Officer — VP - Finance and Accounting
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 4:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096339
Table I — non-derivative securities
No Table I lines on this filing.
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)F3 | $0.21 | Feb 12, 2015 | A | 30,000 | A | Aug 11, 2015 | Feb 11, 2022 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (Right to Buy)F1 | $4.62 | holding | — | — | — | Nov 28, 2012 | Nov 28, 2018 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (Right to Buy)F2 | $1.30 | holding | — | — | — | Nov 13, 2014 | May 13, 2021 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Option vests and becomes exercisable as to 10,000 shares on each of November 28, 2012, 2013 and 2014.
- F2Option vests and becomes exercisable as to 10,000 shares on each of November 13, 2014 and May 13, 2015 and 2016.
- F3Option vests and becomes exercisable as to 10,000 shares on each of August 11, 2015 and February 11, 2016 and 2017.