Sec Form 4 Filing - Oppenheim Joel Martin @ Petrolia Energy Corp - 2018-02-23

Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security.

Form 4: Statement of changes in beneficial ownership, filed before the end of the 2nd business day following the day on which a transaction resulting in a change in beneficial ownership.

"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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The following is an SEC EDGAR document rendered as filed.
Here is the list of insider trading transaction codes.

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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Oppenheim Joel Martin
2. Issuer Name and Ticker or Trading Symbol
Petrolia Energy Corp [ BBLS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2035 SUL ROSS STREET
3. Date of Earliest Transaction (MM/DD/YY)
02/23/2018
(Street)
HOUSTON, TX77098
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/23/2018 02/27/2018 P 2,900 ( 1 ) A $ 0.3399 4,689,590 D
Common Stock 02/23/2018 02/27/2018 P 2,100 ( 1 ) A $ 0.34 4,691,690 D
Common Stock (Restricted) 02/28/2018 M 510,000 ( 2 ) ( 3 ) A $ 0.1 5,201,690 D
Common Stock (Restricted) 02/28/2018 M 120,000 ( 2 ) ( 4 ) A $ 0.09 5,321,690 D
Common Stock (Restricted) 02/28/2018 A 125,000 ( 5 ) A $ 0.2 5,446,690 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $ 0.1 02/28/2018 M 510,000 ( 2 ) ( 3 ) ( 6 ) ( 6 ) Common 300,000 $ 0.1 3,325,834 D
Warrants $ 0.09 02/28/2018 M 120,000 ( 2 ) ( 4 ) ( 6 ) ( 6 ) Common 120,000 $ 0.09 3,205,834 D
Warrants $ 0.2 02/28/2018 A 125,000 ( 2 ) 02/28/2018 02/28/2020 Common 125,000 $ 0.2 3,330,834 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Oppenheim Joel Martin
2035 SUL ROSS STREET
HOUSTON, TX77098
X
Signatures
/s/ Joel M Oppenheim 03/08/2018
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )Mr. Oppenheim purchased these shares on the open market.
( 2 )Each Warrant unit represents a contingent right to receive one share of Petrolia's common stock.
( 3 )The price for the transaction reported on this line was $0.10. The reporting person will provide, upon request by the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each allotment.
( 4 )The price for the transaction reported on this line was $0.09. The reporting person will provide, upon request by the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each allotment.
( 5 )The Transaction reported was for a debt conversion of $25,000, where by the reporting person was to receive 125,000 paid up restricted common shares, and 125,000 warrants @ $0.20, exercisable for 2 year, for their participation. The transaction was approved by the board of directors.
( 6 )The following transactions have various exercisable and expiration dates. The reporting person will provide, upon request by the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each allotment along with the exercisable and expiration dates, if necessary.

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.
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