SEC Form 4 · accession 0001144204-16-105827

Legend Oil & Gas, Ltd. · LOGL

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owners

10% Owner

10% Owner

10% Owner

Period of report

May 27, 2016

Accepted (ET)

May 31, 2016 · 2:56 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001140414

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	May 1, 2015	P	604,155,998	$0.03	A	604,155,998	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Convertible Preferred Stock^F1,F2	$0.03	Oct 21, 2015	P	9,643	A	Oct 21, 2015	—	Common Stock	321,456,675	321,456,675	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Jan 29, 2016	P	1	A	Jan 29, 2016	Mar 1, 2018	Common Stock	47,980,000	369,436,675	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Mar 25, 2016	P	1	A	Mar 25, 2016	Mar 1, 2018	Common Stock	13,692,933	383,129,608	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Apr 7, 2016	P	1	A	Apr 7, 2016	Mar 1, 2018	Common Stock	38,340,200	421,469,808	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	May 27, 2016	P	1	A	May 27, 2016	Mar 1, 2018	Common Stock	15,336,080	436,805,888	D

F1The reported securities are owned directly by Hillair Capital Investments L.P., a Cayman Islands limited partnership ("Hillair Capital"), and indirectly by Hillair Capital Investments LLC ("Hillair Management"), as the investment advisor of Hillair Capital, and Sean M. McAvoy, as the manager of Hillair Management. Hillair Management and McAvoy disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
F2The Series B convertible preferred stock is a perpetual security.