SEC Form 4 · accession 0001437749-17-021112
Petrogress, Inc. · PGAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christos P Traios
Officer — President, CEO and CFO · Director · 10% Owner
Period of report
Dec 21, 2017
Accepted (ET)
Dec 22, 2017 · 1:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001558465
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.001 | Dec 21, 2017 | P | 139,880,000 | $0.001 | A | 254,880,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 8% Convertible Promissory NoteF1,F2 | $0.001 | Dec 21, 2017 | C | 139,880,000 | D | May 12, 2017 | — | Common Stock, par value $0.001 | 139,880,000 | 0 | D |
Explanation of responses
- F1The principal and accrued interest on the 8% Convertible Promissory Note ($139,880) was converted into 139,880,000 shares of Common Stock.
- F2The 8% Convertible Promissory Note is convertible any time prior to repayment of principal and accrued interest.