SEC Form 4 · accession 0000897423-16-000096

TORCHLIGHT ENERGY RESOURCES INC · TRCH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · 10% Owner

Period of report

Sep 30, 2015

Accepted (ET)

Jul 29, 2016 · 5:02 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001431959

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Sep 30, 2015	J	97,772	$1.15	A	4,397,772	D
Common Stock^F2	Sep 30, 2015	J	16,295	$1.15	A	16,295	I	See footnote
Common Stock	Dec 31, 2015	J	78,904	$1.15	A	4,476,676	D
Common Stock^F2	Dec 31, 2015	J	13,150	$1.15	A	29,445	I	See footnote
Common Stock^F3	Mar 31, 2016	J	78,046	$1.15	A	4,604,722	D
Common Stock^F2	Mar 31, 2016	J	13,008	$1.15	A	42,453	I	See footnote
Common Stock	Jun 8, 2016	J	59,178	$1.15	A	4,663,900	D
Common Stock^F2	Jun 8, 2016	J	9,863	$1.15	A	52,316	I	See footnote
Common Stock	Jun 8, 2016	C	2,608,696	$1.15	A	7,272,596	D
Common Stock^F2	Jun 8, 2016	C	434,783	$1.15	A	487,099	I	See footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrants^F5,F6	$1.00	Apr 4, 2016	P	1,500,000	A	Apr 4, 2016	Apr 4, 2021	Common Stock	1,500,000	1,500,000	I
Series A Convertible Preferred Stock^F7	$1.15	Jun 8, 2016	C	30,000	D	Jun 9, 2015	—	Common Stock	2,608,696	0	D
Series A Convertible Preferred Stock^F2,F7	$1.15	Jun 8, 2016	C	5,000	D	Jun 9, 2015	—	Common Stock	434,783	0	I

F1Shares received as quarterly interest payment due on Series A Convertible Preferred Stock.
F2Securities owned of record by G Mc Exploration, LLC, in which the reporting person owns 50% of the outstanding membership interests.
F3This amount includes the 50,000 total shares of common stock acquired by the reporting person on February 16, 2016, as reported in his Form 4 filed on February 18, 2016. In the February 18 Form 4, the amounts referenced in column 5 therein incorrectly omit the 97,772 and 78,904 shares of common stock acquired by the reporting person on September 30, 2015 and December 31, 2015, respectively, as reported herein.
F4Conversion of Series A Convertible Preferred Stock.
F5The issuer issued these warrants to McCabe Petroleum Corporation as consideration for the conveyance of an interest in certain oil and gas leases.
F6Securities owned of record by G McCabe Petroleum Corporation, of which the reporting person is the sole owner.
F7The Series A Convertible Preferred Stock is convertible into common stock with no expiration date.