Sec Form 4 Filing - Lemons Bruce @ MMEX Resources Corp - 2019-07-31-06:00

Insider filing report for Changes in Beneficial Ownership
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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
Lemons Bruce
2. Issuer Name and Ticker or Trading Symbol
MMEX Resources Corp [ MMEX]
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)
7 NORTHRIDGE LANE
3. Date of Earliest Transaction (MM/DD/YY)
07/31-06:00/2019
(Street)
SANDY, UT84092
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
Class A Common Stock 1,904,364 I Shares owned by BNL Family Trust ( 1 )
Class A Common Stock 327,369 I Shares owned by AAM Investments, LLC ( 2 )
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
Option to purchase $ 0.08 12/11-07:00/2018 J 100,000 12/11-07:00/2018 12/11-07:00/2023 Class A Common Stock ($.001 par value) 100,000 ( 4 ) $ 0.08 0 I Option owned by BNL Family Trust ( 1 )
Option to purchase $ 0.08 12/11-07:00/2018 J 100,000 12/11-07:00/2018 12/11-07:00/2023 Class A Common Stock ($.001 par value) ( 7 ) 100,000 ( 5 ) ( 6 ) $ 0.08 0 I Option owned by BNL Family Trust ( 1 )
Option to purchase $ 0.002 08/29-06:00/2017 J 1,000,000 03/31-06:00/2017 03/31-06:00/2022 Class A Common Stock ($.001 par value) ( 7 ) 1,000,000 ( 3 ) ( 6 ) $ 0.002 0 I Option owned by BNL Family Trust ( 1 )
5% Convertible Note due 2020 $ 0.0003 ( 7 ) 08/05-06:00/2019 C 54,545,455 ( 7 ) 08/05-06:00/2019 08/05-06:00/2020 Class A Common Stock ($.001 par value) ( 7 ) 54,545,455 ( 7 ) $ 0.0003 ( 7 ) 0 I Owned by BNL Family Trust ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lemons Bruce
7 NORTHRIDGE LANE
SANDY, UT84092
X
Signatures
/s/ Bruce N. Lemons 08/08-06:00/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Mr. Lemons and his family are the beneficiaries of BNL Family Trust.
( 2 )AAM Investments, LLC is indirectly owned by BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family.
( 3 )Maple Resources Corporation granted BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family, an option to purchase 1,000,000 shares of Class A Common Stock at $0.002 per share through March 2022.
( 4 )Maple Resources Corporation granted BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family, an option to purchase 100,000 shares of Class A Common Stock at $0.08 per share through December 2023.
( 5 )Maple Resources Corporation granted BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family, an option to purchase 100,000 shares of Class A Common Stock at $0.08 per share through December 2023.
( 6 )Class B common stock was converted into Class A common stock on 7/31/2019.
( 7 )Number of shares and conversion price are estimated based on an assumed conversion of the principal balance of the note ($15,000) on date of issuance. The actual number of shares and conversion price will be determined based on a conversion price that is equal to 110% of the lowest conversion price from unaffiliated noteholders within twenty trading days of the date of conversion by noteholder.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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