SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TAWES ORRIE LEE

(Last)

(First)

(Middle)

801 TRAVIS STREET, SUITE 1425

(Street)

HOUSTON

77002

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HOUSTON AMERICAN ENERGY CORP [ HUSA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/06/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								2,832,831	D
Common Stock								119,034	I	By spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$7.2							12/02/2008	06/02/2018	Common Stock	3,333		3,333	D
Stock Option (Right to Buy)	$2.05							12/09/2009	06/09/2019	Common Stock	3,333		3,333	D
Stock Option (Right to Buy)	$14.08							12/15/2010	06/15/2020	Common Stock	25,000		25,000	D
Stock Option (Right to Buy)	$16.07							12/13/2011	06/13/2021	Common Stock	25,000		25,000	D
Stock Option (Right to Buy)	$1.65							12/11/2012	06/11/2022	Common Stock	100,000		100,000	D
Stock Option (Right to Buy)	$0.3075							12/11/2013	06/11/2023	Common Stock	25,000		25,000	D
Stock Option (Right to Buy)	$0.415							12/10/2014	06/10/2024	Common Stock	50,000		50,000	D
Stock Option (Right to Buy)	$0.2028							12/09/2015	06/09/2025	Common Stock	50,000		50,000	D
Stock Option (Right to Buy)	$0.1982							09/15/2016	03/15/2026	Common Stock	10,000		10,000	D
Stock Option (Right to Buy)	$0.2201							12/07/2016	06/07/2026	Common Stock	50,000		50,000	D
Stock Option (Right to Buy)	$0.2201							06/07/2017	06/07/2026	Common Stock	150,000		150,000	D
Warrant	$0.5							06/23/2017	06/23/2018	Common Stock	100,000		100,000	D
12% Series A Convertible Preferred Stock	$0.2							01/31/2017	12/31/2050⁽¹⁾	Common Stock	100,000		20	D
Stock Option (Right to Buy)	$0.485	09/06/2017		A		50,000		03/06/2018⁽²⁾	09/06/2027	Common Stock	50,000	$0	50,000	D

Explanation of Responses:

1. Convertible preferred stock has no expiration date.

2. The options were granted on September 6, 2017 and are exercisable six months from the date of grant, subject to vesting. The options vest 20% on the date of grant and 80% nine months from the grant date.

	O. Lee Tawes, III	09/08/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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