0001140361-15-024443.txt : 20150616
0001140361-15-024443.hdr.sgml : 20150616
20150616164710
ACCESSION NUMBER: 0001140361-15-024443
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150611
FILED AS OF DATE: 20150616
DATE AS OF CHANGE: 20150616
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TORCHLIGHT ENERGY RESOURCES INC
CENTRAL INDEX KEY: 0001431959
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 743237581
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5700 W. PLANO PARKWAY, SUITE 3600
CITY: PLANO
STATE: TX
ZIP: 75093
BUSINESS PHONE: (214) 432-8002
MAIL ADDRESS:
STREET 1: 5700 W. PLANO PARKWAY, SUITE 3600
CITY: PLANO
STATE: TX
ZIP: 75093
FORMER COMPANY:
FORMER CONFORMED NAME: Pole Perfect Studios, Inc.
DATE OF NAME CHANGE: 20080409
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McAndrew Willard Greer III
CENTRAL INDEX KEY: 0001489830
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36247
FILM NUMBER: 15934839
MAIL ADDRESS:
STREET 1: 5700 WEST PLANO PARKWAY, SUITE 3600
CITY: PLANO
STATE: TX
ZIP: 75093
4
1
doc1.xml
FORM 4
X0306
4
2015-06-11
0
0001431959
TORCHLIGHT ENERGY RESOURCES INC
TRCH
0001489830
McAndrew Willard Greer III
5700 W. PLANO PARKWAY
SUITE 3600
PLANO
TX
75093
0
1
0
0
Chief Operating Officer
Stock Options
1.57
2015-06-11
4
A
0
3000000
A
2015-06-11
2020-06-11
Common Stock
3000000
3000000
D
The Stock Options were granted under the issuer's 2015 Stock Option Plan which plan was approved by the Board of Directors on June 10, 2015 and will be presented for approval to the issuer's stockholders at the upcoming 2015 annual meeting. The Stock Options will be subject to a two-year vesting schedule with one-half vesting immediately (subject to stockholders approving the 2015 Stock Option Plan), one-fourth vesting after one year of the grant date, and the remaining one-fourth vesting after the second year, provided however that the Stock Options will be subject to earlier vesting under certain events set forth in the 2015 Stock Option Plan, including without limitation a change in control. Further, the Stock Options cannot be exercised prior to obtaining stockholder approval of the 2015 Stock Option Plan, and the Stock Options will be cancelled if stockholder approval is not obtained.
Executive compensation.
/s/ Willard Greer McAndrew III
2015-06-15