ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ROYL Royale Energy Inc (QB)

0.055
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Royale Energy Inc (QB) USOTC:ROYL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.041 0.05 0.00 15:12:26

Statement of Changes in Beneficial Ownership (4)

22/04/2020 11:01pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kerns Karen
2. Issuer Name and Ticker or Trading Symbol

Royale Energy, Inc. [ ROYL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1870 CORDELL COURT, SUITE 210
3. Date of Earliest Transaction (MM/DD/YYYY)

4/22/2020
(Street)

EL CAJON, CA 92020
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 4/22/2020  A  145455 A$0.11 (1)145455 D  
Common Stock         8294633 I By family partnership 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series B Convertible Preferred Stock  (2)          3/8/2019  (3)Common Stock 8917540  891754 I By family partnership 

Explanation of Responses:
(1) Shares issued to Ms. Kerns as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 21, 2020.
(2) Ms. Kerns owns 891,754 shares of Series B Convertible Preferred Stock which is convertible into Common Stock at 10 shares of Common Stock for each share of Convertible Preferred Stock subject to adjustment for corporate dividends, splits and reorganizations.
(3) The Series B Convertible Preferred Stock has no expiration date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Kerns Karen
1870 CORDELL COURT, SUITE 210
EL CAJON, CA 92020
XX


Signatures
Karen Kerns, by Debra Hatter, Attorney-in-fact4/22/2020
**Signature of Reporting PersonDate

1 Year Royale Energy (QB) Chart

1 Year Royale Energy (QB) Chart

1 Month Royale Energy (QB) Chart

1 Month Royale Energy (QB) Chart

Your Recent History

Delayed Upgrade Clock