SEC Form 4 · accession 0001213900-18-003318
Texas South Energy, Inc. · TXSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Mayell
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Apr 11, 2017
Accepted (ET)
Mar 22, 2018 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506742
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 26, 2018 | A | 500,000 | $0.02 | A | 16,500,000 | I | By an affiliated corporation |
| Common Stock | holding | — | — | — | 126,850,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NoteF1 | $0.02 | Apr 11, 2017 | A | 6,250,000 | A | Apr 11, 2017 | — | Common Stock | 6,250,000 | 25,850,000 | D |
| Convertible NoteF1 | $0.02 | Jun 23, 2017 | A | 6,250,000 | A | Jun 23, 2017 | — | Common Stock | 6,250,000 | 25,850,000 | D |
| Convertible NoteF1 | $0.02 | Aug 11, 2017 | A | 2,350,000 | A | Aug 11, 2017 | — | Common Stock | 2,350,000 | 25,850,000 | D |
| Convertible NoteF1 | $0.02 | Oct 5, 2017 | A | 8,500,000 | A | Oct 5, 2017 | — | Common Stock | 8,500,000 | 25,850,000 | D |
| Convertible NoteF1 | $0.02 | Oct 23, 2017 | A | 2,500,000 | A | Oct 23, 2017 | — | Common Stock | 2,500,000 | 25,850,000 | D |
| Convertible NoteF1 | $0.02 | Apr 11, 2017 | A | 6,250,000 | A | Apr 11, 2017 | — | Common Stock | 6,250,000 | 16,000,000 | I |
| Convertible NoteF1 | $0.02 | Jun 23, 2017 | A | 6,250,000 | A | Jun 23, 2017 | — | Common Stock | 6,250,000 | 16,000,000 | I |
| Convertible NoteF1 | $0.02 | Aug 11, 2017 | A | 3,500,000 | A | Aug 11, 2017 | — | Common Stock | 3,500,000 | 16,000,000 | I |
Explanation of responses
- F1the note is due and payable upon demand and the expiration date of the conversion right is the date the note is repaid.