SEC Form 4/A · accession 0001580695-15-000105
CAMBER ENERGY, INC. · CEI
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
Anthony Charles Schnur
Officer — CEO & President
Period of report
Jan 16, 2014
Accepted (ET)
Apr 6, 2015 · 6:23 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 | Dec 31, 2013 | A | 5,182 | $0.965 | A | 29,700 | D | |
| Common StockF2 | Dec 31, 2013 | F | 1,692 | $0.965 | D | 28,008 | D | |
| Common StockF3,F4 | Dec 11, 2013 | P | 2,000 | $0.99 | A | 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 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, 2013, which shares were not physically issued until January 16, 2014.
- F2Shares forfeited/withheld in lieu of payment of tax liability in connection with the transaction described in footnote 1, above.
- F3The Form 4 filed by Mr. Schnur on December 16, 2013 (the "Prior Form 4") incorrectly reported that the 2,000 shares of the Issuer's common stock purchased on December 11, 2013 were held individually by Mr. Schnur, whereas such shares were instead held indirectly by Mr. Schnur through his IRA.
- F4The original Form 4 incorrectly reported that Mr. Schnur held 59,461 shares in his IRA as of December 11, 2013, instead of 42,000 shares.