SEC Form 4 · accession 0001144204-16-074149
PLEDGE PETROLEUM CORP · PROP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C. Brian Boutte
Officer — Chief Executive Officer
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434110
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $0.09 | Jan 1, 2016 | A | 3,000,000 | A | Jan 1, 2017 | Jan 1, 2026 | Common Stock | 3,000,000 | 3,000,000 | D |
Explanation of responses
- F11,000,000 shares vest on each of January 1, 2017, 2018 and 2019.