Roy Mansano - 08 Nov 2022 Form 4 Insider Report for OKMIN RESOURCES, INC. (OKMN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Jan 2023, 18:00:14 UTC
Prior SEC filing
06 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Roy Mansano

Key filing fact

Roy Mansano filed Form 4 for OKMIN RESOURCES, INC. (OKMN) on 06 Jan 2023.

Key facts

  • This page summarizes Roy Mansano's Form 4 filing for OKMIN RESOURCES, INC. (OKMN).
  • 10 reported transactions and 10 derivative rows are listed below.
  • Accepted by SEC: 06 Jan 2023, 18:00.

Change

  • Previous filing in this sequence was filed on 06 Jan 2023.
  • Current net transaction value: -$49,165.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OKMN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,000,000
Date
08 Nov 2022
Ownership
Direct
OKMN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,250,000
Date
08 Nov 2022
Ownership
By Roy Mansano MD APMC

Reported derivative securities

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

OKMN transaction Derivative

10% Convertible Loan

Other

Transaction value
$1,689
Shares
Change %
Price
Shares after
$224,760
Date
08 Nov 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
56,288
Exercise price
$0.0300
Footnotes
F1, F2
OKMN transaction Derivative

Warrants

Other

Transaction value
$0
Shares
+18,762
Change %
+0.76%
Price
$0.000000
Shares after
2,497,333
Date
08 Nov 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
18,762
Exercise price
Footnotes
F3
OKMN transaction Derivative

10% Convertible Loan

Other

Transaction value
$3,500
Shares
Change %
Price
Shares after
$221,260
Date
08 Nov 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
116,667
Exercise price
$0.0300
Footnotes
F4, F5
OKMN transaction Derivative

Warrants

Other

Transaction value
$0
Shares
-38,889
Change %
-1.6%
Price
$0.000000
Shares after
2,458,444
Date
08 Nov 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
38,889
Exercise price
Footnotes
F6
OKMN transaction Derivative

10% Convertible Loan

Other

Transaction value
$1,659
Shares
Change %
Price
Shares after
$222,919
Date
08 Dec 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
55,315
Exercise price
$0.0300
Footnotes
F1, F7
OKMN transaction Derivative

Warrants

Other

Transaction value
$0
Shares
+18,439
Change %
+0.75%
Price
$0.000000
Shares after
2,476,883
Date
08 Dec 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
18,439
Exercise price
Footnotes
F3
OKMN transaction Derivative

10% Convertible Loan

Other

Transaction value
$3,500
Shares
Change %
Price
Shares after
$219,419
Date
08 Dec 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
116,666
Exercise price
$0.0300
Footnotes
F4, F8
OKMN transaction Derivative

Warrants

Other

Transaction value
$0
Shares
-38,889
Change %
-1.6%
Price
$0.000000
Shares after
2,437,994
Date
08 Dec 2022
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
38,889
Exercise price
Footnotes
F6
OKMN transaction Derivative

10% Convertible Loan

Other

Transaction value
$45,513
Shares
Change %
Price
Shares after
173,906
Date
03 Jan 2023
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
1,517,101
Exercise price
$0.0300
Footnotes
F9, F10
OKMN transaction Derivative

Warrants

Other

Transaction value
$0
Shares
-505,700
Change %
-21%
Price
$0.000000
Shares after
1,932,294
Date
03 Jan 2023
Ownership
By Roy Mansano MD APMC
Underlying class
Common Stock
Underlying amount
505,700
Exercise price
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Roy Mansano is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 10 footnotes

Footnote F1

Represents interest accrued on the 10% Convertible Loan (the "Loan") on this date. The outstanding principal and accrued interest on the Loan (the "Loan Amount") is convertible at any time into shares of Common Stock at a conversion price of $0.03 per share. For every three shares of Common Stock received upon conversion of the Loan Amount, the holder will also receive one Warrant to buy an additional share of Common Stock at an exercise price of $0.03 per share. The Warrants underlying the Loan Amount are also reported on this form.

Footnote F2

The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,492,001.

Footnote F3

These Warrants are not currently outstanding but may be issued upon conversion of the interest that was accrued on the Loan on this date. The Warrants will be exercisable immediately if and when issued and will have an exercise price of $0.03 per share and a three-year term.

Footnote F4

Represents a Loan payment on this date, which reduced the Loan Amount by the amount of the payment.

Footnote F5

The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,375,334.

Footnote F6

These Warrants were subject to issuance upon conversion of the Loan Amount that was paid on this date. The Warrants would have been exercisable immediately if and when issued and would have had an exercise price of $0.03 per share and a three-year term.

Footnote F7

The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,430,649.

Footnote F8

The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 7,313,983.

Footnote F9

On January 3, 2023, the terms of the Loan were amended to provide that at no time shall the reporting person be permitted to convert any portion of the Loan Amount if such conversion would result in his being the beneficial owner of more than 9.99% of the issuer's class of Common Stock. The amendment had the effect of reducing the reporting person's beneficial ownership on this date to below 9.99% as indicated.

Footnote F10

The total number of shares underlying the Loan Amount after this transaction (not including shares underlying Warrants) is 5,796,882.

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