SEC Form 4 · accession 0001580695-15-000001
CAMBER ENERGY, INC. · CEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Charles Schnur
Officer — CEO & President · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 6, 2015 · 10:45 am EST
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 | Dec 31, 2014 | A | 40,817 | $0.1225 | A | 87,708 | D | |
| Common StockF2 | Dec 31, 2014 | F | 13,327 | $0.1225 | D | 74,381 | D | |
| Common Stock | holding | — | — | — | 59,461 | 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 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 December 31, 2014.
- F2Shares forfeited/withheld in lieu of payment of tax liability in connection with the transaction described in footnote 1, above.