SEC Form 4 · accession 0001213900-16-014409
DEEP WELL OIL & GAS INC · DWOG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Horst A Schmid
Director
Period of report
Jun 20, 2016
Accepted (ET)
Jun 21, 2016 · 11:52 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000869495
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (expired)F1,F2 | $0.075 | Jun 20, 2016 | J | 520,000 | D | Jun 20, 2013 | Jun 20, 2016 | Common Stock | 520,000 | 3,100,000 | I |
Explanation of responses
- F1Effective on June 20, 2013, Portwest Investments Ltd., a company 100% owned by Dr. Horst A. Schmid, closed a private placement with the Issuer for an aggregate of 850,000 units at a price of US$0.05 per unit, for total gross proceeds of US$42,500. Each unit was comprised of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitled the holder to purchase one additional Common Share at a price of US$0.075 per Common Share for a period of three years from the date of closing. On August 12, 2013, Portwest Investment Ltd. acquired 330,000 Common Shares upon a partial exercise of the Warrant. And on June 20, 2016, the Warrant expired.
- F2Portwest Investment Ltd. is a private corporation registered in Alberta, Canada, and is 100% owned a Dr. Horst A. Schmid.