FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Visionary PE GP I, LLC
2. Issuer Name and Ticker or Trading Symbol

VICTORY ENERGY CORP [ VYEY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1325 W. SUNSHINE STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

4/13/2018
(Street)

SPRINGFIELD, MO 65807
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/13/2018     J (1)    1880267   A   (1) 2519025   I   See footnote   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants   $0.75   4/13/2018     J   (1)    1880267       4/13/2018   4/13/2023   Common Stock   1880267.0     (1) 1880267   I   See footnote   (2)

Explanation of Responses:
(1)  Pursuant to a settlement agreement, dated April 10, 2018, between the Issuer and Visionary Private Equity Group I, LP ("VPEG"), and in consideration and full satisfaction of outstanding indebtedness in the amount of $1,410,200 owed by the Issuer to VLP under certain loan documents, the Issuer agreed to issue to VPEG 1,880,267 shares of common stock and a warrants to purchase 1,880,267 shares of common stock at an exercise price of $0.75 per share; provided that if the actual price per share in a proposed $5 million private placement of the Issuer's common stock is less than $0.75, the number of shares will be adjusted upward proportionately, and the exercise price of the warrants will be reduced, accordingly.
(2)  The securities reported herein are held directly by VPEG. Visionary PE GP I, LLC ("VLLC"), is the General Partner of VPEG. The shares directly owned by VPEG may be deemed indirectly owned by VLLC; however, VLLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.

Remarks:
Reporting Owner Name / Address / Relationship
1. Visionary PE GP I, LLC
1325 W. Sunshine Street
Springfield, MO 65807
Relationship:
10% Owner
2. Visionary Private Equity Group I, LP
2025 Zumbehl Road, Ste. 85
St. Charles, MO 63303
Relationship:
10% Owner

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Visionary PE GP I, LLC
1325 W. SUNSHINE STREET
SPRINGFIELD, MO 65807

X


Signatures
/s/ Ronald Zamber, Senior Managing Director of Visionary PE GP I, LLC **Signature of Reporting Person 4/17/2018
** Signature of Reporting Person Date

/s/ Ronald Zamber, Senior Managing Director of Visionary PE GP I, LLC, the General Partner of Visionary Private Equity Group I, LP **Signature of Reporting Person 4/17/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Victory Oilfield Tech (PK) (USOTC:VYEY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Victory Oilfield Tech (PK) Charts.
Victory Oilfield Tech (PK) (USOTC:VYEY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Victory Oilfield Tech (PK) Charts.