UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Osage Exploration and Development, Inc.
(Name of Issuer)
Common Stock, Par Value $0.0001 Per Share
(Title of Class of Securities)
68771L107
(CUSIP Number)
James W. Larimore, Esq.
20 North Broadway, Suite 1800
Oklahoma City, Oklahoma 73102
(405) 235-7700
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 20, 2011
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
SCHEDULE 13D/A
| CUSIP No. 68771L107 | Page 2 of 4 Pages |
| (1) |
Names of reporting persons: E. Peter Hoffman, Jr.
I.R.S. Identification Nos. of Above Persons (entities only) | |||||
| (2) | Check the appropriate box if a member of a group (see instructions)
(a) ¨ (b) ¨ | |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds
PF, OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization: United States
| |||||
| Number of shares beneficially owned by each reporting person with |
(7) | Sole voting power
5,639,119 | ||||
| (8) | Shared voting power
0 | |||||
| (9) | Sole dispositive power
5,639,119 | |||||
| (10) | Shared dispositive power
0 | |||||
| (11) |
Aggregate amount beneficially owned by each reporting person
5,639,119 | |||||
| (12) |
Check if the aggregate amount in Row 11 excludes certain shares (see instructions)
¨ | |||||
| (13) |
Percent of class represented by amount in Row 11:
11.8% | |||||
| (14) |
Type of reporting person (see instructions):
IN | |||||
SCHEDULE 13D/A
| Page 3 of 4 Pages |
This Amendment No. 2 (this “Second Amendment”) to Schedule 13D is filed by E. Peter Hoffman, Jr. (the “Reporting Person”) with respect to the Reporting Person’s beneficial ownership of shares of common stock, par value $0.0001 per share (the “Common Stock”), of Osage Exploration and Development, Inc., a Delaware corporation (the “Issuer”). This Second Amendment amends the initial statement on Schedule 13D filed by the Reporting Person on July 3, 2008, as previously amended by Amendment No. 1 to Schedule 13D filed by the Reporting Person on April 8, 2011 (collectively, the “Prior 13D”). Unless otherwise indicated, all capitalized terms used but not defined herein shall have the same meaning ascribed to them in the Prior 13D. Except as indicated herein, the information set forth in the Prior 13D remains unchanged.
| Item 1. | Security and Issuer. |
The information set forth in the Prior 13D with respect to this Item has not changed as of the date of this Second Amendment.
| Item 2. | Identity and Background. |
The information set forth in the Prior 13D with respect to this Item has not changed as of the date of this Second Amendment.
| Item 3. | Source and Amount of Funds or Other Consideration. |
The information set forth in the Prior 13D with respect to this Item has not changed as of the date of this Second Amendment.
| Item 4. | Purpose of Transaction. |
The information set forth in the Prior 13D with respect to this Item has not changed as of the date of this Second Amendment.
| Item 5. | Interest in Securities of the Issuer. |
(a) As of the date of this Second Amendment, the Reporting Person is the beneficial owner of 5,639,119 shares of Common Stock, which constitutes 11.8% of the outstanding shares of Common Stock. The beneficial ownership percentage of the Reporting Person is calculated based on 47,799,775 shares of Common Stock outstanding as of November 10, 2011, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2011.
(b) The Reporting Person has sole voting and dispositive power with respect to all of the 5,639,119 shares of Common Stock beneficially owned by him.
(c) On October 28, 2011, the Reporting Person made a gift of 100,000 shares of Common Stock. In a series of sale transactions on the open market from December 8 to December 21, 2011, the Reporting Person sold a total of 480,881 shares of Common Stock at prices ranging from $0.48 to $0.52 per share, as more specifically described in Forms 4 filed by the Reporting Person with the Securities and Exchange Commission on December 12, 15, 19 and 22, 2011, respectively.
SCHEDULE 13D/A
| Page 4 of 4 Pages |
| Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
The information set forth in the Prior 13D with respect to this Item has not changed as of the date of this Second Amendment.
| Item 7. | Material to Be Filed as Exhibits. |
None.
Signature.
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.
| Date: December 28, 2011 | /s/ E. Peter Hoffman, Jr. | |||||
| E. Peter Hoffman, Jr. | ||||||