0001104659-17-040643.txt : 20170621 0001104659-17-040643.hdr.sgml : 20170621 20170621155809 ACCESSION NUMBER: 0001104659-17-040643 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170317 FILED AS OF DATE: 20170621 DATE AS OF CHANGE: 20170621 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HYPERDYNAMICS CORP CENTRAL INDEX KEY: 0000937136 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 870400335 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 12012 WICKCHESTER LANE, STREET 2: SUITE 475 CITY: HOUSTON, STATE: TX ZIP: 77079 BUSINESS PHONE: 7133539400 MAIL ADDRESS: STREET 1: 12012 WICKCHESTER LANE, STREET 2: SUITE 475 CITY: HOUSTON, STATE: TX ZIP: 77079 FORMER COMPANY: FORMER CONFORMED NAME: RAM-Z ENTERPRISES INC DATE OF NAME CHANGE: 19950208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Leonard Ray CENTRAL INDEX KEY: 0001469268 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32490 FILM NUMBER: 17922913 MAIL ADDRESS: STREET 1: 12012 WICKCHESTER LANE STREET 2: SUITE 475 CITY: HOUSTON STATE: TX ZIP: 77079 4 1 a4.xml 4 X0306 4 2017-03-17 0 0000937136 HYPERDYNAMICS CORP HDYN 0001469268 Leonard Ray C/O HYPERDYNAMICS CORPORATION 12012 WICKCHESTER LANE, SUITE 475 HOUSTON TX 77079 1 1 0 0 CEO and President 1% Series A Convertible Preferred Stock 2.75 2017-03-17 4 P 0 50 2.75 A 2017-12-17 Common Stock 18909 50 D Common Stock Warrant (Right to Buy) 3.50 2017-03-17 4 P 0 11150 3.50 A 2017-03-17 2019-03-16 Common Stock 11150 11150 D The stated value of the Series A Convertible Preferred Stock ($1,040 per share) plus any accrued but unpaid dividends is convertible into issuer's common stock at a price per share equal to the lower of (i) $2.75 (subject to adjustment in certain circumstances), or (ii) 80% of the lowest closing price during 21 consecutive trading days ending on the trading day immediately prior to the conversion date, subject to a floor of $0.25 per share (which floor is subject to adjustment in certain circumstances). This number assumes conversion in full on the date of acquisition (See Note 2 below) at a conversion price of $2.75 per share of common stock. The Series A Convertible preferred stock is convertible at the option of the reporting person, in whole or in part, into shares of common stock at any time after the earlier (i) the date a registration statement under the Securities Act of 1933, as amended, registering for resale shares of common stock issuable upon conversion of the Series A Convertible preferred stock is declared effective by the Securities and Exchange Commission or (ii) September 17, 2017. If no conversion has taken place by December 17, 2017, shares of the Series A Convertible preferred stock will automatically convert into shares of common stock of the issuer. /s/ Paolo Amoruso, Attorney-in-fact 2017-06-21