Statement of Changes in Beneficial Ownership (4)
July 20 2020 - 10:46AM
Edgar (US Regulatory)
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
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Grimes R. Keith |
2. Issuer Name and Ticker or Trading Symbol
HOUSTON AMERICAN ENERGY CORP
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HUSA
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
801 TRAVIS STREET, SUITE 1425 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/17/2020 |
(Street)
HOUSTON, TX 77002
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | | | | | | | | 30000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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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 |
Stock Option (Right to Buy) | $1.18 | | | | | | | 1/2/2013 | 7/2/2022 | Common Stock | 25000 | | 25000 | D | |
Stock Option (Right to Buy) | $0.3075 | | | | | | | 12/11/2013 | 6/11/2023 | Common Stock | 25000 | | 25000 | D | |
Stock Option (Right to Buy) | $0.415 | | | | | | | 12/10/2014 | 6/10/2024 | Common Stock | 50000 | | 50000 | D | |
Stock Option (Right to Buy) | $0.2028 | | | | | | | 12/9/2015 | 6/9/2025 | Common Stock | 50000 | | 50000 | D | |
Stock Option (Right to Buy) | $0.2201 | | | | | | | 12/7/2016 | 6/7/2026 | Common Stock | 50000 | | 50000 | D | |
Stock Option (Right to Buy) | $0.2201 | | | | | | | 6/7/2017 | 6/7/2026 | Common Stock | 150000 | | 150000 | D | |
12% Series A Convertible Preferred Stock | $0.2 | | | | | | | 1/31/2017 | 12/31/2050 (1) | Common Stock | 125000 | | 25 | D | |
Stock Option (Right to Buy) | $0.485 | | | | | | | 3/6/2018 | 9/6/2027 | Common Stock | 50000 | | 50000 | D | |
Stock Option (Right to Buy) | $0.2425 | | | | | | | 12/5/2018 | 6/5/2028 | Common Stock | 50000 | | 50000 | D | |
Stock Option (Right to Buy) | $0.2165 | | | | | | | 12/13/2019 | 6/13/2029 | Common Stock | 50000 | | 50000 | D | |
Stock Option (Right to Buy) | $0.1284 | 7/17/2020 | | A | | 50000 | | 1/17/2021 (2) | 7/17/2030 | Common Stock | 50000 | $0 | 50000 | D | |
Explanation of Responses: |
(1) | Convertible preferred stock has no expiration date. |
(2) | The options were granted on July 17, 2020 and are exercisable six months from the date off grant, subject to vesting. The options vest 20% on the date of grant and 80% nine months from the date of grant. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Grimes R. Keith 801 TRAVIS STREET SUITE 1425 HOUSTON, TX 77002 | X |
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Signatures
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Keith Grimes | | 7/20/2020 |
**Signature of Reporting Person | Date |
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