SEC Form 4/A · accession 0001052918-15-000209

Jayhawk Energy, Inc. · JYHW

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 owner

Vast Exploration, LLC

10% Owner

Period of report

Apr 30, 2015

Accepted (ET)

May 7, 2015 · 6:03 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001308710

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Apr 30, 2015	C	118,749,788	$0.01	A	118,749,788	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
10% Sr. Secured Convertible Debenture 12/09/2009^F1	$0.01	Apr 30, 2015	C	26,984,215	D	Apr 17, 2015	—	Common stock	26,984,215	0	D
10% Sr. Secured Convertible Debenture 12/09/2009^F1	$0.01	Apr 30, 2015	C	4,778,471	D	Apr 17, 2015	—	Common stock	4,778,471	0	D
10% Sr. Secured Convertible Debenture 4/21/2010^F1	$0.01	Apr 30, 2015	C	71,716,358	D	Apr 17, 2015	—	Common stock	71,716,358	0	D
10% Sr. Secured Convertible Debenture 4/21/2010^F2,F1	$0.01	Apr 30, 2015	C	15,270,744	D	Apr 17, 2015	—	Common stock	15,270,744	107,996,438	D

Explanation of responses

F1None
F2The number of Derivative Securities Beneficially owned represents additional unpaid 10% Convertible Debentures with an unpaid balance of $1,079,964.38 as of April 30, 2015. The Issuer, Jayhawk Energy, Inc. has insufficient authorized common stock capital to permit the Debenture Holder to convert anymore debentures until such time as Jayhawk amends its Articles of Incorporation thereby authorizing an increase in common stock capital.

Remarks

(1) Scott Mahoney, as the CEO and Managing Member of Vast Exploration, LLC is the natural person with voting and dispositive control over Vast Exploration, LLC and is deemed to be a beneficial owner. Mr. Mahoney disclaims beneficial ownership of the Vast Exploration, LLC shares. (2) This Form 4/A (this "Amendment") is being filed by the Reporting Person to amend and restate the Form 4 originally filed by the Reporting Person with the Securities and Exchange Commission on May 4, 2015 (the "Original Form 4"). This Amendment revises the Original Form 4 by (i) updating Table I, Column 4 to correct the number of securities acquired, (ii) updating Table I, Column 5 to correct the number of securities beneficially owned following the reported transaction, (iii) updating Table II, Column 9 to correct the number of derivative securities beneficially owned following the reported transaction and (iv) amend Note 1 to correct the unpaid balance due under the Convertible Debentures as of April 30, 2015.