Houston American Energy (HUSA) Form 4 HOUSTON AMERICAN ENERGY / JAMES A SCHOONOVER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SCHOONOVER JAMES A

(Last) (First) (Middle)

1770 COUNTY ROAD H2

(Street)

WHITE BEAR TOWNSHIP MN 55110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HOUSTON AMERICAN ENERGY CORP [ HUSA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/26/2021		S		16,715	D	$2.63	142,976	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
12% Series A Convertible Preferred Stock	$2.5							01/31/2017	(1)	Common Stock	60,000		150	D
12% Series B Convertible Preferred Stock	$4.5							05/03/2017	(1)	Common Stock	22,222		100	D
Stock Option (Right to Buy)	$3.338							10/13/2018	04/13/2028	Common Stock	666		666	D
Stock Option (Right to Buy)	$3.031							12/05/2018	06/05/2028	Common Stock	4,000		4,000	D
Stock Option (Right to Buy)	$2.706							06/13/2020	06/13/2029	Common Stock	40,000		40,000	D
Warrant	$2.463							09/18/2019	09/18/2029	Common Stock	46,400		46,400	D
Stock Option (Right to Buy)	$1.45							11/11/2020	11/10/2030	Common Stock	150,000		150,000	D

Explanation of Responses:

1. Preferred stock has no expiration date.

	James Schoonover	01/28/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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