Amended Statement of Beneficial Ownership (sc 13d/a)
November 14 2016 - 6:14AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT
TO §240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§240.13d-2(a)
(Amendment No. 1)*
Lucas
Energy, Inc.
(Name of Issuer)
Common
Stock, par value $0.001
(Title of Class of Securities)
549333300
(CUSIP Number)
Alan W. Dreeben
200 Patterson, #1008
San Antonio, Texas 78209
Telephone: (210) 824-2507
(Name, Address and Telephone Number of
Person Authorized to
Receive Notices and Communications)
November
4, 2016
(Date of Event which Requires Filing of
this Statement)
If the filing person
has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: ☐
Note
: Schedules
filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.
See
Rule
13d-7 for other parties to whom copies are to be sent.
________________
*
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder
of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however,
see
the
Notes
).
CUSIP: 549333300
1.
|
NAMES OF REPORTING PERSONS
Alan W. Dreeben
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
(a)
|
☐
|
(b)
|
☐
|
3.
|
SEC USE ONLY
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
|
5.
|
Check box if disclosure of legal proceedings is required
pursuant to item 2(
d
) or 2(
e
)
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
SOLE VOTING POWER
|
2,109,794 shares of Common Stock (includes 314,160 shares issuable upon conversion of Series B Redeemable Convertible Preferred Stock)
|
8.
|
SHARED VOTING POWER
|
0
|
9.
|
SOLE DISPOSITIVE POWER
|
2,109,794 shares of Common Stock (includes 314,160 shares issuable upon conversion of Series B Redeemable Convertible Preferred Stock)
|
10.
|
SHARED DISPOSITIVE POWER
|
0
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,109,794 shares of Common Stock (includes 314,160 shares issuable upon conversion of Series B Redeemable Convertible Preferred Stock)
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11%
|
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
|
|
|
|
|
|
|
|
CUSIP: 549333300
Item 1.
Security and Issuer.
This Amendment No. 1 to Schedule 13D
(“Amendment No. 1”) relates to the shares of common stock, par value $0.001 per share (“Common Stock”),
of Lucas Energy, Inc., a Nevada corporation (the “Issuer”), and amends the Schedule 13D filed on September 7, 2016
(the ”Schedule 13D”). The principal executive offices of the Issuer are 450 Gears Road, Suite 860, Houston, Texas
77067.
This Amendment No. 1 is being filed by
Alan W. Dreeben (the “Reporting Person”) to furnish the additional information set forth herein. Except as specifically
provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Schedule 13D.
Item 2.
Identity and Background.
All information in Item 2 of the Schedule
13D remains the same.
Item 3.
Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D is hereby
amended by adding the following:
The shares acquired by the Reporting
Person since the Schedule 13D was filed were acquired in a private purchase.
Item 4.
Purpose of the Transaction.
All information in Item 4 of the Schedule 13D remains the
same.
Item 5.
Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and restated
in its entirety as follows:
|
(a)
|
The Reporting Person is the beneficial owner of 2,109,794 shares of Common Stock which represents
11% of the Common Stock. This amount includes 314,160 shares issuable upon conversion of Series B Redeemable Convertible Preferred
Stock (the “Series B Preferred Stock”).
|
The Series B Preferred Stock
has a face value of $25 per share and is convertible into Common Stock at a rate of 7.14:1, at the option of the holder thereof,
or, at the option of the holder thereof, or automatically as to 25% of the Series B Preferred Stock shares if the Common Stock
trades above $6.125 per share for at least 20 consecutive trading days, and trades with at least 75,000 shares of average volume
per day (the “Trading Requirements”); an additional 50% if the Common Stock trades above $7.00 per share and meets
the Trading Requirements; and as to the remaining Series B Preferred Stock shares, if the Common Stock trades above $7.875 per
share and meets the Trading Requirements. Each outstanding share of Series B Preferred Stock is entitled to one vote per share
on all stockholder matters. The Series B Preferred Stock is redeemable at any time by the Issuer upon the payment by the Issuer
of the face amount of the Series B Preferred Stock ($25 per share) plus any and all accrued and unpaid dividends thereon
CUSIP: 549333300
|
(b)
|
The Reporting Person has the sole power to vote or to direct the vote of and the sole power to
dispose of or to direct the disposition of 2,109,794 shares of Common Stock. The Reporting Person shares the power to vote or to
direct the vote of or to dispose or to direct the disposition of zero shares of Common Stock.
|
|
(c)
|
Except as noted herein, the Reporting Person has not engaged in any transaction involving the Common
Stock during the past 60 days.
|
|
(d)
|
No other person has the right to receive or the power to direct the receipt of dividends from or
the proceeds from the sale of the securities beneficially owned by the Reporting Person.
|
Item 6.
Contracts, Arrangements,
Understandings or Relationships with Respect to Securities of the Issuer.
All information in Item 6 of the Schedule 13D remains the
same.
Item 7.
Material to be Filed as Exhibits.
None.
SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: November 14, 2016
|
/s/ Alan W. Dreeben
|
|
Alan W. Dreeben
|
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