Jonathan Herzog - Feb 28, 2022 Form 3 Insider Report for OKMIN RESOURCES, INC. (NONE)

Signature
s/ Jonathan Herzog
Stock symbol
NONE
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
3
Date filed
3/23/2022, 02:53 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NONE Common Stock 30M Feb 28, 2022 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
holding NONE Series A Convertible Preferred Stock Feb 28, 2022 Common Stock 50M $0.01 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Herzog owns 5,000,000 shares of Series A Preferred Stock. Each share of Series A Preferred Stock may be converted at the owner's discretion at a price of $0.01 per preferred share into ten shares of common stock. The total cost to convert all 5,000,000 shares of Series A Preferred Stock into 50,000,000 common shares is $50,000. Each share of Series A Preferred Stock has voting rights of ten votes per share and is not entitled to receive dividends.