SEC Form 4 · accession 0001144204-16-135753
Samson Oil & Gas LTD · SSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Channon
Director
Period of report
Nov 18, 2016
Accepted (ET)
Nov 21, 2016 · 8:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404079
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Nov 18, 2016 | A | 5,005,000 | $0.00 | A | 5,105,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Ordinary SharesF1,F2,F3 | $0.0052 | Nov 18, 2016 | A | 24,000,000 | A | — | Nov 15, 2026 | Ordinary Shares | 24,000,000 | 24,000,000 | I |
Explanation of responses
- F11125474 Channon Superannuation Fund (the "Fund") is the record owner of the securities set forth herein. Asgard Capital Management Limited is trustee of the Fund. The reporting person is a beneficiary of the Fund.
- F2The exercise price is priced in Australian dollars. This is the U.S. dollar equivalent of the price of A$0.007 using the rate of exchange published by the Reserve Bank of Australia for November 18, 2016 (A$1.00=US$0.7394).
- F3The options will fully vest on November 17, 2017 (the one-year anniversary of shareholder approval of the plan pursuant to which the options were granted) so long as the reporting person remains a director of SSN on such date.