SEC Form 4 · accession 0001078782-16-002191
RING ENERGY, INC. · REI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly W. Hoffman
Officer — Chief Executive Officer · Director
Period of report
Jan 13, 2016
Accepted (ET)
Jan 15, 2016 · 8:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001384195
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2 | $8.25 | Dec 9, 2015 | J | 40,000 | D | — | Dec 9, 2025 | Common Stock | 40,000 | 885,000 | D |
| OptionsF1 | $5.25 | Jan 13, 2016 | P | 40,000 | A | — | Jan 13, 2026 | Common Stock | 40,000 | 925,000 | D |
Explanation of responses
- F1Options vest 20% per year over five years.
- F2Options were rescinded.