-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BSCYSwK/G44sLeIVDn9+fAvN5yuL9gp698Zgd3Wcy9ldfscjnVJaU6FQMqiBIqvA Ip7NshSkwCC+r4/1pA6BCA== 0001031201-97-000007.txt : 19970710 0001031201-97-000007.hdr.sgml : 19970710 ACCESSION NUMBER: 0001031201-97-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970708 FILED AS OF DATE: 19970709 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PEASE OIL & GAS CO /CO/ CENTRAL INDEX KEY: 0000076878 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 870285520 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-06580 FILM NUMBER: 97637634 BUSINESS ADDRESS: STREET 1: 751 HORIZON COURT STE 203 STREET 2: P O BOX 60219 CITY: GRAND JUNCTION STATE: CO ZIP: 81506-8718 BUSINESS PHONE: 9702455917 MAIL ADDRESS: STREET 1: 751 HORIZON CT STE 203 STREET 2: P O BOX 60219 CITY: GRAND JUNCTION STATE: CO ZIP: 81506-8758 FORMER COMPANY: FORMER CONFORMED NAME: WILLARD PEASE OIL & GAS CO DATE OF NAME CHANGE: 19920703 COMPANY DATA: COMPANY CONFORMED NAME: WALKER CLEMONS F CENTRAL INDEX KEY: 0001031201 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 748 RISING STAR CITY: HENDERSON STATE: NV ZIP: 89104 MAIL ADDRESS: STREET 1: 748 RISING STAR CITY: HENDERSON STATE: NV ZIP: 89104 4 1 FORM 4 - JUNE 1997 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Walker, Clemons F. 748 Rising Star Henderson, NV 89104 2. Issuer Name and Ticker or Trading Symbol Pease Oil and Gas Company WPOG 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year June 1997 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| $0.10 Par Value Common St|6/11/9|C** |V|318 |A |N/A | |D | | ock |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| $0.10 Par Value Common St|6/27/9|S | |9,400 |D |$3.31 |132,980 |D | | ock |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Option To Purchase C|$2.97 | N/A |N/A | | N/A N/A |A,D|0/7/2|01/26|common stock|7,500 | |7,500 |D | | ommon Stock | | | | | | |7/97 |/01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant To Purchase |$0.83 |N/A |N/A | |N/A N/A |A,D|05/16|05/15|common stock|18,000 | |Warrants to |D | | Common Stock | | | | | | |/95 |/00 | | | |purchase | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant To Purchase |$0.70 |N/A |N/A | |N/A N/A |A,D|06/23|08/13|common stock|40,000 | |138,566 shar|D | | Common Stock | | | | | | |/95 |/98 | | | |es | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant To Purchase |$0.75 |N/A |N/A | |N/A N/A |A,D|03/09|03/08|common stock|40,000 | | |D | | Common Stock | | | | | | |/96 |/01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant To Purchase |$0.75 |N/A |N/A | |N/A N/A |A,D|03/09|02/12|common stock|10,000 | | |D | | Common Stock | | | | | | |/96 |/01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant To Purchase |$0.75 |N/A |N/A | |N/A N/A |A,D|03/09|02/12|common stock|30,248 | | |D | | Common Stock | | | | | | |/96 |/01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant To Purchase |$6.00 |6/11/|C** |V|318 |A |Immed|8/13/|common stock|318 | | |D | | Common Stock | |97 | | | | | |98 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Series A Cum. Conv. |N/A |6/11/|C** |V|100 |D |N/A |N/A | | | | |D | | Preferred Stock | |97 | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: ** On June 11, 1997, all of the Company's outstanding $0.01 Series A Cumulative Preferred Stock automatically converted into $0.10 par value Common Stock and Common Stock Purchase Warrants pursuant to the terms of the Articles of Incorporation at a ratio of 3.1875 to 1. Accordingly, the Reporting Person's 100 shares of preferred stock automatically converted into 318 shares of common stock and 318 common stock purchase warrants on June 11, 1997. SIGNATURE OF REPORTING PERSON /s/Patrick J. Duncan, Attorney-in-Fact for Clemons F. Walker DATE July 8, 1997 -----END PRIVACY-ENHANCED MESSAGE-----