SEC Form 4 · accession 0001078782-18-001018
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
Sep 18, 2018
Accepted (ET)
Sep 20, 2018 · 4:34 pm EDT
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 | Sep 18, 2018 | M | 110,000 | $2.00 | A | 117,546 | D | |
| Common Stock | Sep 18, 2018 | F | 19,625 | $11.21 | D | 97,921 | D | |
| Common Stock | Sep 18, 2018 | S | 90,375 | $11.3059 | 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 | Sep 18, 2018 | X | 110,000 | D | — | Dec 1, 2021 | Common Stock | 110,000 | 670,000 | D |
Explanation of responses
- F1Options vest 20% per year over 5 years.