0001654954-19-010049.txt : 20190827 0001654954-19-010049.hdr.sgml : 20190827 20190827172151 ACCESSION NUMBER: 0001654954-19-010049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190821 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20190827 DATE AS OF CHANGE: 20190827 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PetroShare Corp. CENTRAL INDEX KEY: 0001568079 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 461454523 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37943 FILM NUMBER: 191058471 BUSINESS ADDRESS: STREET 1: 9635 MAROON CIRCLE STREET 2: SUITE 400 CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: (303) 500-1169 MAIL ADDRESS: STREET 1: 9635 MAROON CIRCLE STREET 2: SUITE 400 CITY: ENGLEWOOD STATE: CO ZIP: 80112 8-K 1 prhr_8k.htm CURRENT REPORT Blueprint
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
____________________________
 
Date of Report (Date of earliest event reported): August 21, 2019
 
PETROSHARE CORP.
(Exact name of registrant as specified in its charter)
 
 
Colorado
(State or other jurisdiction of incorporation or organization)
001-37943
(Commission File
Number)
46-145523
(I.R.S. Employer
Identification No.)
 
9635 Maroon Circle, Suite 400
Englewood, Colorado 80112
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number including area code: (303) 500-1160
 
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
None
N/A
N/A
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[ ] 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
 

 
 
 
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
 
On August 21, 2019, the Company terminated the employment of William B. Lloyd, its Chief Operating Officer. The separation was effective between the parties on August 19, 2019.
 
In connection with Mr. Lloyd departure, his employment agreement with the Company was cancelled and all obligations of the Company thereunder waived in exchange for payment to Mr. Lloyd of his normal compensation until the end of August, two-month’s severance and payment of the Company’s portion of his health insurance premiums during that two-month period.
 
 

 
 
SIGNATURE
 
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
PETROSHARE CORP.
 
 
 
 
Date: August 27, 2019
By:  /s/ Paul Maniscalco 
 
Paul Maniscalco, Chief Financial Officer