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 |
| |||||||||||||||
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*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol TRANSATLANTIC PETROLEUM LTD. [ TAT ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| ||||||||||||||||||||||||
3. Date of Earliest Transaction (Month/Day/Year) 01/03/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
|
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 |
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 | ||||||||
Convertible Note(8) | (1) | 01/03/2017 | D | $225,000 | (1) | 07/01/2017 | Common Shares | 33,088 | $225,000(9) | 77,205 | I | See Footnote 2(2) | |||
Convertible Note | (1) | 01/03/2017 | D | $180,000 | (1) | 07/01/2017 | Common Shares | 26,470 | $180,000(10) | 61,764 | I | See Footnote 3(3) | |||
Convertible Note | (1) | 01/03/2017 | D | $150,000 | (1) | 07/01/2017 | Common Shares | 22,058 | $150,000(11) | 51,470 | I | See Footnote 4(4) | |||
Convertible Note | (1) | 01/03/2017 | D | $225,000 | (1) | 07/01/2017 | Common Shares | 33,088 | $225,000(12) | 77,205 | I | See Footnote 5(5) | |||
Convertible Note | (1) | 01/03/2017 | D | $180,000 | (1) | 07/01/2017 | Common Shares | 26,470 | $180,000(13) | 61,764 | I | See Footnote 6(6) | |||
Convertible Note | (1) | 01/03/2017 | D | $150,000 | (1) | 07/01/2017 | Common Shares | 22,058 | $150,000(14) | 51,470 | I | See Footnote 7(7) |
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
Explanation of Responses: |
1. The 13.0% Convertible Notes are convertible into shares of the Issuer's Common Shares at any time after July 01, 2015 at a conversion price of $6.80 per Common Share. |
2. The 13.0% Convertible Note is in the principal amount of $525,000 and held by Gary West CRT1, LLC, an entity owned by a trust of which Gary West is a beneficiary. |
3. The 13.0% Convertible Note is in the principal amount of $420,000 and held by Gary West CRT2, LLC, an entity owned by a trust of which Gary West is a beneficiary. |
4. The 13.0% Convertible Note is in the principal amount of $350,000 and held by Gary West CRT3, LLC, an entity owned by a trust of which Gary West is a beneficiary. |
5. The 13.0% Convertible Note is in the principal amount of $525,000 and held by Mary West CRT1, LLC, an entity owned by a trust of which Gary West is a beneficiary. |
6. The 13.0% Convertible Note is in the principal amount of $420,000 and held by Mary West CRT2, LLC, an entity owned by a trust of which Mary West is a beneficiary. |
7. The 13.0% Convertible Note is in the principal amount of $350,000 and held by Mary West CRT3, LLC, an entity owned by a trust of which Mary West is a beneficiary. |
8. This statement is filed jointly on behalf of West Family Investments, Inc. (the Adviser), West Investment Holdings, LLC (WIH), Gary West and Mary West (collectively, the reporting persons). The Adviser is an investment adviser exempt from registration pursuant to 17 C.F.R. Section 275.202(a)(11)(G)-1. Pursuant to Rule 16a-1 and Instruction 5 of the Form 3, the Adviser does not beneficially own any securities listed on the Form 3 or Form 4. However, the Adviser maintains complete investment and voting power and authority with respect to all of the shares under management arrangements entered into by and between the Adviser and the direct owners of the shares (as indicated in the footnotes of the Form 3 and Form 4). WIH is a beneficial owner of greater than 10% of the Common Shares of the Issuer. The reporting persons disclaim beneficial ownership of all of the securities reported in Table II except to the extent of any pecuniary interest therein. |
9. On January 3, 2017, the Issuer partially redeemed $225,000 of the holder's 13% Convertible Note. |
10. On January 3, 2017, the Issuer partially redeemed $180,000 of the holder's 13% Convertible Note. |
11. On January 3, 2017, the Issuer partially redeemed $150,000 of the holder's 13% Convertible Note. |
12. On January 3, 2017, the Issuer partially redeemed $225,000 of the holder's 13% Convertible Note. |
13. On January 3, 2017, the Issuer partially redeemed $180,000 of the holder's 13% Convertible Note. |
14. On January 3, 2017, the Issuer partially redeemed $150,000 of the holder's 13% Convertible Note. |
Randall Rochman, on behalf of West Family Investments, Inc., as its CEO | 01/05/2017 | |
Gary West | 01/05/2017 | |
Mary West | 01/05/2017 | |
Randall Rochman, on behalf of West Investment Holdings, LLC, as its Manager | 01/05/2017 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |