SEC Form 4 · accession 0001366125-17-000001
SARATOGA RESOURCES INC /TX · SARA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rex H White Jr.
Director
Period of report
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096339
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 52,500 | 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)F1 | $0.214 | Jan 25, 2017 | A | 50,000 | A | Jul 25, 2017 | Jan 25, 2027 | Common Stock | 50,000 | 50,000 | D |
| Stock Option (Right to Buy) | $0.36 | holding | — | — | — | Mar 12, 2009 | Mar 12, 2019 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (Right to Buy) | $3.00 | holding | — | — | — | Apr 14, 2010 | Apr 14, 2020 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (Right to Buy) | $3.05 | holding | — | — | — | Mar 8, 2011 | Mar 8, 2018 | Common Stock | 35,000 | 35,000 | D |
| Stock Option (Right to Buy) | $6.65 | holding | — | — | — | Jun 18, 2012 | Jun 18, 2019 | Common Stock | 35,000 | 35,000 | D |
| Stock Option (Right to Buy) | $2.18 | holding | — | — | — | Jun 10, 2013 | Jun 10, 2020 | Common Stock | 35,000 | 35,000 | D |
| Stock Option (Right to Buy) | $1.89 | holding | — | — | — | Jun 16, 2014 | Jun 16, 2021 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1Options vest and are exercisable 50% on 7/25/17 and 50% on 1/25/18.