SEC Form 4 · accession 0001415889-16-006503
Petro River Oil Corp. · PTRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred S Zeidman
Director
Period of report
Jul 11, 2016
Accepted (ET)
Jul 15, 2016 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001172298
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 OptionF1 | $1.38 | Jul 11, 2016 | A | 50,000 | A | — | Jul 11, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The Option shall vest as follows: 10,000 options shall vest immediately as of the Date of Grant. The remaining 40,000 options shall vest over 24 months on each monthly anniversary subject to the Optionholder's continued provision of services to the Company through each of the vesting dates.