SPARROW CURTIS J (CFO and Secretary) exercised options at DEEP WELL OIL & GAS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

SPARROW CURTIS J

Filed: 7/31/2018ACC: 0001213900-18-009925

InsiderSPARROW CURTIS JCIK 1283428

→

IssuerDEEP WELL OIL & GAS INCCIK 869495

DirectorOfficer· CFO and Secretary

Since Jun 2018

-571.43K

Net shares

Net seller

$40.0K

Total sold

Open market trades

0B · 0S

Total transactions

800K acquired · 1.37M disposed

Non-Derivative Transactions4

Common Shares

Indirect

M · Option Exercise

+300K

Price / share

$0.05

Trade value

$15K

% of position

26.1%

6/8/2018

1.15M→1.45M

Common Shares

Indirect

F · Tax Withholding

−214.29K

Price / share

$0.07

Trade value

$15K

% of position

14.8%

6/8/2018

1.45M→1.24M

Common Shares

Indirect

M · Option Exercise

+500K

Price / share

$0.05

Trade value

$25K

% of position

40.5%

6/8/2018

1.24M→1.74M

Common Shares

Indirect

F · Tax Withholding

−357.14K

Price / share

$0.07

Trade value

$25K

% of position

20.6%

6/8/2018

1.74M→1.38M

Total

Net shares

+228.57K

Net value

-$0.03

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Indirect	6/8/2018	M · Option Exercise	+300K	$0.05	$15K	26.1%	1.15M	1.45M
Common Shares Indirect	6/8/2018	F · Tax Withholding	−214.29K	$0.07	$15K	14.8%	1.45M	1.24M
Common Shares Indirect	6/8/2018	M · Option Exercise	+500K	$0.05	$25K	40.5%	1.24M	1.74M
Common Shares Indirect	6/8/2018	F · Tax Withholding	−357.14K	$0.07	$25K	20.6%	1.74M	1.38M
Total			+228.57K		-$0.03

Derivative Transactions4

Stock Option (right to acquire)

Direct

J · J

Converts to

Common Stock

600K shares

+0.00

Strike price

0.38

Held after

600K

Exercisable

—

9/19/2014

Stock Option (right to acquire)

Indirect

J · J

Converts to

Common Stock

1.20M shares

+0.00

Strike price

0.38

Held after

1.20M

Exercisable

—

9/19/2014

Stock Option (right to acquire)

Direct

M · Option Exercise

Converts to

Common Stock

300K shares

−300K

Strike price

0.05

Held after

0.00

Exercisable

—

6/8/2018

Stock Option (right to acquire)

Indirect

M · Option Exercise

Converts to

Common Stock

500K shares

−500K

Strike price

0.05

Held after

0.00

Exercisable

—

6/8/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (right to acquire) Direct	Common Stock600K shares	9/19/2014	J · J	+0.00	0.38	—	600K
Stock Option (right to acquire) Indirect	Common Stock1.20M shares	9/19/2014	J · J	+0.00	0.38	—	1.20M
Stock Option (right to acquire) Direct	Common Stock300K shares	6/8/2018	M · Option Exercise	−300K	0.05	—	0.00
Stock Option (right to acquire) Indirect	Common Stock500K shares	6/8/2018	M · Option Exercise	−500K	0.05	—	0.00