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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (1) | $ 0.1 | 10/03/2012 | J | 250,000 | (1)(2) | 04/02/2017 | Common Stock | 250,000 | $ 0 | 0 (1) (2) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DEFFINBAUGH DAVID C/O BAKKEN RESOURCES, INC. 1425 BIRCH AVE. SUITE A HELENA, MT 59601 |
X | Chief Financial Officer |
/s/ David Deffinbaugh | 10/03/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | As previously reported on Form 4 filed with the SEC on April 2, 2012 by the reporting person, the reporting person acquired stock options to purchase 250,000 shares of common stock vesting over a two-year period from the date of issuance in connection with his appointment to the board of directors. The reporting person currently is the part-time CFO of the Issuer and is also engaged by a brokerage firm as a registered representative. The issuance of the stock options is compensatory and the brokerage firm no longer permits its representatives to hold such compensatory arrangements or options. Accordingly, the grant of options on April 2, 2012 at the request of the reporting person was terminated and the reporting person as of the date of this amendment shall no longer hold stock options of the Issuer. |
(2) | The reporting person has not exercised any of his vested stock options since the date of issuance. |