SEC Form 4 · accession 0001078782-17-001649
RING ENERGY, INC. · REI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly W. Hoffman
Officer — CEO · Director
Period of report
Nov 30, 2017
Accepted (ET)
Nov 30, 2017 · 3:27 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 28, 2017 | M | 60,000 | $2.00 | A | 67,546 | D | |
| Common Stock | Nov 28, 2017 | F | 8,762 | $13.695 | D | 58,784 | D | |
| Common Stock | Nov 29, 2017 | S | 51,238 | $13.7899 | D | 7,546 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF1 | $2.00 | Nov 28, 2017 | X | 60,000 | D | — | Dec 1, 2021 | Common Stock | 60,000 | 780,000 | D |
Explanation of responses
- F1Options vest 20% per year over 5 years.