PAYNE J DONALD 4
4 · Advanced Environmental Petroleum Producers Inc. · Filed Sep 26, 2017
Insider Transaction Report
Form 4
PAYNE J DONALD
DirectorSecretary
Transactions
- Exercise/Conversion
Common Stock
2017-09-26$0.01/sh+200,000$1,000→ 2,028,000 total - Exercise/Conversion
Option to acquire Common Stock
2017-09-26$0.01/sh−200,000$1,000→ 1,400,000 totalExercise: $0.01From: 2017-08-03Exp: 2021-04-25→ Common Stock (300,000 underlying)
Footnotes (1)
- [F1]On September 26, 2017 Mr. Payne exercised an option to acquire 200,00 shares of Common Stock at $0.005 per share. After the exercise, there were 300,000 shares available under this grant and options to acquire 1,400,000 shares of Common Stock in total. Including shares of Common Stock issuable upon conversion of Series A Preferred Stock or exercise of Warrants to acquire Series A Preferred Stock, the number of shares of Common Stock beneficial owned was 2,028,000.