0001213900-18-009925.txt : 20180731 0001213900-18-009925.hdr.sgml : 20180731 20180731105259 ACCESSION NUMBER: 0001213900-18-009925 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180608 FILED AS OF DATE: 20180731 DATE AS OF CHANGE: 20180731 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPARROW CURTIS J CENTRAL INDEX KEY: 0001283428 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24012 FILM NUMBER: 18979907 MAIL ADDRESS: STREET 1: 510 ROYAL BANK BUILDING STREET 2: 10117 JASPER AVENUE CITY: EDMONTON ALBERTA STATE: A0 ZIP: T5J 1W8 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DEEP WELL OIL & GAS INC CENTRAL INDEX KEY: 0000869495 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 133087510 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: SUITE 700 STREET 2: 10150 - 100 STREET CITY: EDMONTON STATE: A0 ZIP: T5J 0P6 BUSINESS PHONE: (780) 409-8144 MAIL ADDRESS: STREET 1: SUITE 700 STREET 2: 10150 - 100 STREET CITY: EDMONTON STATE: A0 ZIP: T5J 0P6 FORMER COMPANY: FORMER CONFORMED NAME: ALLIED DEVICES CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: ILLUSTRIOUS MERGERS INC DATE OF NAME CHANGE: 19600201 4 1 ownership.xml X0306 4 2018-06-08 0 0000869495 DEEP WELL OIL & GAS INC DWOG 0001283428 SPARROW CURTIS J SUITE 700, 10150 - 100 STREET EDMONTON A0 T5J 0P6 ALBERTA, CANADA 1 1 0 0 CFO and Secretary Common Shares 2018-06-08 4 M 0 300000 0.05 A 1450000 I See footnote Common Shares 2018-06-08 4 F 0 214286 0.07 D 1235174 I See footnote Common Shares 2018-06-08 4 M 0 500000 0.05 A 1735714 I See footnote Common Shares 2018-06-08 4 F 0 357143 0.07 D 1378571 I See footnote Stock Option (right to acquire) 0.05 2018-06-08 4 M 0 300000 0 D 2018-06-20 Common Stock 300000 0 D Stock Option (right to acquire) 0.38 2014-09-19 4 J 0 0 0.38 A 2019-09-19 Common Stock 600000 600000 D Stock Option (right to acquire) 0.05 2018-06-08 4 M 0 500000 0 D 2018-06-20 Common Stock 500000 0 I See footnote Stock Option (right to acquire) 0.38 2014-09-19 4 J 0 0 0.38 A 2019-09-19 Common Stock 1200000 1200000 I See footnote On June 20, 2013, Deep Well Oil & Gas, Inc. (the "Issuer") granted non-qualified stock options to the reporting person to purchase up to 450,000 shares of common stock at an exercise price of $0.05 per common share, 150,000 vesting immediately and the remaining vesting one-third on June 20, 2014, and one-third on June 20, 2015, with an expiration date of June 20, 2018. In August of 2013, the reporting person exercised a portion of the June 20, 2016 non-qualified stock options for 150,000 shares of the Issuer's common stock, which such transaction was previously reported on Form 4. On June 20, 2013, the Issuer. granted the reporting persons consulting company, Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting, non-qualified stock options to purchase up to 1,000,000 shares of common stock at an exercise price of $0.05 per share of common share, with one-half vesting immediately and one-half vesting on June 20, 2014, with an expiration date of June 20, 2018. In August of 2013, the reporting persons consulting company, Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting, exercised a portion of the June 20, 2016 non-qualified stock options for 500,000 shares of the issuer's common stock, which such transaction was previously reported on Form 4. Concorde Consulting, is a company owned 100% by Mr. Curtis Sparrow, providing consulting services as Chief Financial Officer and Secretary. The transactions reported, in the above Table I rows 1 and 2 and Table II row 1, reflect the cashless exercise of the reporting persons stock options. As of June 10, 2018, the reporting person exercised 300,000 of the remaining non-qualified stock options issued on June 20, 2013 of which 214,286 common shares were withheld by the Issuer at the market price of $0.07 per common share to fund the cashless exercise. 85,714 common shares of the Issuer's common stock were issued to the reporting person as a result of this cashless exercise, of which common shares were transferred into the reporting person company, Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting. Where the number of common shares deducted for the cashless exercise is a fraction, the number has been rounded to the nearest whole number of common shares. The cashless exercise was approved by the Board of the Issuer and a majority of shareholders under the Issuer's stock option plan as amended. The transactions reported, in the above Table I rows 3 and 4 and Table II row 3, reflect the cashless exercise of Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting's stock options. As of June 10, 2018, Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting exercised 500,000 of the remaining non-qualified stock options issued on June 20, 2013 of which 357,143 common shares were withheld by the Issuer at the market price of $0.07 per common share to fund the cashless exercise. 142,857 common shares of the Issuer's common stock were issued to Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting as a result of this cashless exercise. Where the number of common shares deducted for the cashless exercise is a fraction, the number has been rounded to the nearest whole number of common shares. The cashless exercise was approved by the Board of the Issuer and a majority of shareholders under the Issuer's stock option plan as amended. The total number of non-derivative securities Directly and Indirectly owned by the reporting person after the transactions reported in Table I above is 1,978,571 common shares, of which 600,000 commons shares are owned Directly by the reporting person, 1,378,571 commons shares are owned Indirectly by the Issuer's company, Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting. On September 19, 2014, the Issuer's Board granted the reporting person, options to purchase 600,000 shares of common stock at an exercise price of $0.38 per common share, with one-third vesting immediately, one-third vesting on September 19, 2015, and one-third vesting on September 19, 2016, with a five-year life from the original grant date. The reporting person has not exercised any of these Directly owned outstanding options. These options were previously disclosed on Form 4 and are again being disclosed in Table II row 2 of this Form 4. On September 19, 2014, the Issuer's Board granted Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting, options to purchase 1,200,000 shares of common stock at an exercise price of $0.38 per common share, with one-half vesting immediately and one-half vesting on September 19, 2015, with a five-year life from the original grant date. The Edmonton International Airport Hotel Ltd. d/b/a Concorde Consulting has not exercised any of these Indirectly owned outstanding options. These options were previously disclosed on Form 4 and are again being disclosed in Table II row 4 of this Form 4. /s/ Curtis Sparrow 2018-07-25