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