SEC Form 4 · accession 0001078782-17-001643
RING ENERGY, INC. · REI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clayton Eugene Woodrum
Director
Period of report
Nov 22, 2017
Accepted (ET)
Nov 27, 2017 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001384195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 22, 2017 | M | 15,000 | $2.00 | A | 15,000 | D | |
| Common Stock | Nov 22, 2017 | F | 2,125 | $14.12 | D | 12,875 | D | |
| Common StockF1 | holding | — | — | — | 7,848 | I | Trust | |
| Common StockF2 | holding | — | — | — | 500 | I | Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF3 | $2.00 | Nov 22, 2017 | X | 15,000 | D | — | Dec 1, 2021 | Common Stock | 15,000 | 200,000 | D |
Explanation of responses
- F1Shares held in the name of Patricia & Clayton E. Woodrum TTEE's FBO Patricia Woodrum Trust.
- F2Shares held in the name of Patricia & Clayton E. Woodrum TTEE's FBO Clayton Woodrum Trust.
- F3Options vest 20% per year over 5 years.