SIEM IVAR purchased 71.8% of their position (1.02M shares) of PETROLIA ENERGY CORP on the open market
Open‑market purchase worth $65.5K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 11/7/2018ACC: 0001580695-18-000493
+1.29M
Net shares
Net buyer
$65.5K
Total acquired
2
Open market trades
2B · 0S
5
Total transactions
1.29M acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+468.75K
Price / share
$0.07
Trade value
$30.47K
% of position
33.1%
7/24/2018
1.42M→1.89M
Common Stock
Indirect
Shares
+547.75K
Price / share
$0.06
Trade value
$35.06K
% of position
29.1%
8/15/2018
1.89M→2.43M
Total
Net shares
+1.02M
Net value
$65.53K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 7/24/2018 | P · Purchase | +468.75K | $0.07 | $30.47K | 33.1% | 1.42M | 1.89M |
| Common Stock Indirect | 8/15/2018 | P · Purchase | +547.75K | $0.06 | $35.06K | 29.1% | 1.89M | 2.43M |
| Total | +1.02M | $65.53K | ||||||
Derivative Transactions3
Warrants to Purchase Common Stock
Indirect
Converts to
Common Stock
20K shares
Shares
+20K
Strike price
0.10
Held after
20K
Exercisable
—
8/17/2018
Convertible Promissory Note
Indirect
Converts to
Common Stock
200K shares
Shares
+N/A
Strike price
0.10
Held after
N/A
Exercisable
—
8/17/2018
Options to Purchase Common Stock
Direct
Converts to
Common Stock
250K shares
Shares
+250K
Strike price
0.10
Held after
250K
Exercisable
—
9/30/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants to Purchase Common Stock Indirect | Common Stock20K shares | 8/17/2018 | A · Award | +20K | 0.10 | — | 20K |
| Convertible Promissory Note Indirect | Common Stock200K shares | 8/17/2018 | A · Award | +N/A | 0.10 | — | N/A |
| Options to Purchase Common Stock Direct | Common Stock250K shares | 9/30/2018 | A · Award | +250K | 0.10 | — | 250K |