Bukowski Charles T. Jr 4
4 · BAYOU CITY EXPLORATION, INC. · Filed Mar 12, 2012
Insider Transaction Report
Form 4
Bukowski Charles T. Jr
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
2012-03-08$0.01/sh+3,000,000$15,000→ 3,522,500 total
Footnotes (2)
- [F1]The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
- [F2]Includes 500,000 shares which may be acquired by the reporting person from the issuer at $0.05 per share pursuant to an option acquired on August 3, 2010, by the reporting from the issuer. The shares underlying the option are subject to vesting in three equal installments on August 3, 2010, 2011 and 2012. The option expires on August 3, 2020.