SEC Form 4 · accession 0001144204-16-085995
PLEDGE PETROLEUM CORP · PROP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S. Ramsey
Officer — Chief Operating Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 4, 2016 · 10:45 am 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 | $0.08 | Mar 1, 2016 | A | 1,000,000 | A | Mar 1, 2017 | Feb 28, 2021 | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1333,334 shares vest on March 1, 2017 and 333,333 shares vest on each of March 1, 2018 and 2019