SEC Form 4 · accession 0001214782-15-000054
CAMBER ENERGY, INC. · CEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Charles Schnur
Officer — CEO & President · Director · 10% Owner
Period of report
Jun 30, 2015
Accepted (ET)
Jul 2, 2015 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001309082
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 30, 2015 | A | 35,714 | $0.14 | A | 139,458 | D | |
| Common StockF2 | Jun 30, 2015 | F | 9,446 | $0.14 | D | 130,012 | D | |
| Common Stock | holding | — | — | — | 42,000 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective November 1, 2012 (and amended and restated effective December 12, 2012), the Issuer entered into an employment agreement with Mr. Schnur. Pursuant to the agreement, $20,000 of Mr. Schnur's annual salary is payable in shares of the Issuer's common stock, which are due quarterly. The above represents the $5,000 quarterly payment of shares due on June 30, 2015, which shares were issued pursuant to the 2012 Stock Incentive Plan of the Issuer, which issuance was exempt from Section 16(b) pursuant to Rule 16b-3(d).
- F2Shares forfeited/withheld in lieu of payment of tax liability in connection with the transaction described in footnote 1, above.