0001721868-19-000240.txt : 20190509 0001721868-19-000240.hdr.sgml : 20190509 20190509105329 ACCESSION NUMBER: 0001721868-19-000240 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181214 FILED AS OF DATE: 20190509 DATE AS OF CHANGE: 20190509 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Oppenheim Joel Martin CENTRAL INDEX KEY: 0001646585 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-52690 FILM NUMBER: 19809325 MAIL ADDRESS: STREET 1: 2035 SUL ROSS STREET CITY: HOUSTON STATE: TX ZIP: 77098 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Petrolia Energy Corp CENTRAL INDEX KEY: 0001368637 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 861061005 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 710 N. POST OAK ROAD STREET 2: SUITE 512 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: 832-941-0011 MAIL ADDRESS: STREET 1: 710 N. POST OAK ROAD STREET 2: SUITE 512 CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: Rockdale Resources Corp DATE OF NAME CHANGE: 20120514 FORMER COMPANY: FORMER CONFORMED NAME: Art Design, Inc. DATE OF NAME CHANGE: 20060711 4 1 ownership.xml X0306 4 2018-12-14 0 0001368637 Petrolia Energy Corp BBLS 0001646585 Oppenheim Joel Martin 121 N. POST OAK LANE APT. 1201 HOUSTON TX 77024 1 0 0 0 Common Shares (Restricted) 2018-12-19 2018-12-19 4 A 0 156250 0.08 A 6763872 D Warrants 0.10 2018-12-14 2018-12-14 4 A 0 312500 0.10 A 2018-12-14 2020-11-01 Common 312500 5509167 D Warrants 0.10 2018-12-31 2018-12-31 4 A 0 250000 0.10 A 2018-12-31 2021-12-31 Common 250000 5759167 D Warrants 0.10 2018-12-31 2018-12-31 4 A 0 250000 0.10 A 2018-12-31 2020-12-31 Common 250000 6009167 D Warrants 0.10 2018-12-31 2018-12-31 4 A 0 250000 0.10 A 2019-03-31 2021-03-31 Common 250000 6259167 D Warrants 0.10 2018-12-31 2018-12-31 4 A 0 250000 0.10 A 2019-03-31 2020-03-31 Common 250000 6509167 D Mr. Oppenheim participated in Private Placement #4 at $0.08/share, participants also received 2x warrants for every share, exercisable for 2 years Mr. Oppenheim receives a 250,000-warrant issuance quarterly as part of his compensation 2018 compensation package for his service on the Board; exercisable for a 24 months period as of January 1, 2019. Each Warrant unit represents a contingent right to receive one share of Petrolia's common stock. The Transactions reported were part of a LOC agreement, where by the reporting person was to receive 250,000 warrants quarterly, exercisable for 3 years. The exercise price of the additional warrants will be based on the average common stock market price over the previous 90 days. Mr. Oppenheim receives a 250,000-warrant issuance quarterly as part of his compensation 2019 compensation package for his service on the Board; exercisable for a 24 months period. /s/ Joel M Oppenheim 2019-05-07