SEC Form 4/A · accession 0001144204-17-018765

Legend Oil & Gas, Ltd. · LOGL

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

This is an amendment (Form 4/A). It replaces an earlier filing for the same period.

Reporting owners

Hillair Capital Investments LP

10% Owner

Sean M McAvoy

Director · 10% Owner

Hillair Capital Management LLC

10% Owner

Period of report

May 27, 2016

Accepted (ET)

Apr 4, 2017 · 11:50 am 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

Table II — derivative securities

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	321,456,675	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	47,980,000	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	13,692,933	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	38,340,200	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	15,336,080	A	May 27, 2016	Mar 1, 2018	Common Stock	15,336,080	436,805,888	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Jul 5, 2016	P	11,000,000	A	Jul 5, 2016	Mar 1, 2018	Common Stock	11,000,000	447,805,888	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Jul 27, 2016	P	18,333,333	A	Jul 27, 2016	Mar 1, 2018	Common Stock	18,333,333	466,139,221	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Aug 22, 2016	P	12,833,333	A	Aug 22, 2016	Mar 1, 2018	Common Stock	12,833,333	478,972,554	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Oct 31, 2016	P	14,666,666	A	Oct 31, 2016	Mar 1, 2018	Common Stock	14,666,666	493,639,220	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Nov 29, 2016	P	10,083,333	A	Nov 29, 2016	Mar 1, 2018	Common Stock	12,833,333	506,472,553	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Dec 16, 2016	P	11,000,000	A	Dec 19, 2016	Mar 1, 2018	Common Stock	11,000,000	517,472,553	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Jan 3, 2017	P	12,833,333	A	Jan 3, 2017	Mar 1, 2018	Common Stock	12,833,333	530,305,886	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Jan 25, 2017	P	25,666,666	A	Jan 25, 2017	Mar 1, 2018	Common Stock	25,666,666	555,972,552	D
Original Issue Discount Senior Convertible Debenture^F1	$0.03	Apr 3, 2017	P	22,000,000	A	Apr 3, 2017	Mar 1, 2018	Common Stock	22,000,000	577,972,552	D

Explanation of responses

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 does not have an expiration date.