SEC Form 4 · accession 0001213900-19-000470
Texas South Energy, Inc. · TXSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Mayell
Officer — CEO · Director · 10% Owner
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 4:53 pm EST
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 | holding | — | — | — | 17,416,675 | I | By affiliated corporation | |
| Common Stock | holding | — | — | — | 161,450,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible DebtF1 | $0.02 | Jan 7, 2019 | A | 5,250,000 | A | Jan 7, 2019 | — | Common Stock | 5,250,000 | 66,450,000 | D |
Explanation of responses
- F1the amounts owed are due and payable upon demand and the expiration date of the conversion right is the date the debt is paid.