Robert Lance Cook - Jun 17, 2021 Form 4 Insider Report for TORCHLIGHT ENERGY RESOURCES INC (MMAT)

Role
Director
Signature
/s/ Robert Lance Cook
Stock symbol
MMAT
Transactions as of
Jun 17, 2021
Transactions value $
$289,000
Form type
4
Date filed
6/21/2021, 06:18 PM
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMAT Common Stock Options Exercise $170K +200K $0.85 200K Jun 17, 2021 Direct
transaction MMAT Common Stock Options Exercise $119K +100K +50% $1.19 300K Jun 17, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MMAT Stock Option (right to buy) Options Exercise $0 -200K -100% $0.00* 0 Jun 17, 2021 Common Stock 200K $0.85 Direct F1
transaction MMAT Stock Option (right to buy) Options Exercise $0 -100K -100% $0.00* 0 Jun 17, 2021 Common Stock 100K $1.19 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100,000 of the stock options vested on November 13, 2019, and the remaining 100,000 stock options vested on November 13, 2020.