David J. Douglas - 20 Oct 2022 Form 4 Insider Report for Deep Down, Inc. (KLNG)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: KLNG
Reported as of: 20 Oct 2022
Net transaction value: +$31,500
SEC form: 4
Accepted by SEC: 28 Nov 2022, 14:57:25 UTC
Prior SEC filing: 01 Apr 2022
Next SEC filing: 14 Nov 2023
Source filing: View source filing
Reporting owner signature: /s/ David J. Douglas

Key filing fact

David J. Douglas filed Form 4 for Deep Down, Inc. (KLNG) on 28 Nov 2022.

Key facts

This page summarizes David J. Douglas's Form 4 filing for Deep Down, Inc. (KLNG).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 28 Nov 2022, 14:57.

Change

Previous filing in this sequence was filed on 01 Apr 2022.
Current net transaction value: +$31,500.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KLNG transaction Derivative

STOCK OPTIONS

Award

Transaction value: $31,500
Shares: +50,000
Change %
Price: $0.6300
Shares after: 50,000
Date: 20 Oct 2022
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 50,000
Exercise price: $0.6300
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Stock options subject to the Optionee's continuous service as a director through such date, twenty-five percent of the Shares on each of October 31, 2022, November 30, 2022, February 28, 2023 and May 31, 2023. In addition to the foregoing, all Shares shall vest immediately prior to a Change in Control.