Sec Form 4 Filing - HALLERAN ARTHUR @ Park Place Energy Inc. - 2017-04-01

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
HALLERAN ARTHUR
2. Issuer Name and Ticker or Trading Symbol
Park Place Energy Inc. [ PKPL]
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)
2200 ROSS AVE., SUITE 4500E
3. Date of Earliest Transaction (MM/DD/YY)
04/01/2017
(Street)
DALLAS, TX75201
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 Shares 300,000 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
Stock Options $ 0.14 04/01/2015 03/31/2018 Common Shares 50,000 50,000 D
Stock Options $ 0.1 01/22/2016 01/21/2019 Common Shares 50,000 100,000 D
Stock Options $ 0.18 03/27/2017 03/26/2021 Common Shares 100,000 200,000 D
Restricted Stock Units ( 1 ) 04/01/2017 A 25,000 ( 2 ) ( 3 ) Common Shares 25,000 ( 1 ) 25,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HALLERAN ARTHUR
2200 ROSS AVE., SUITE 4500E
DALLAS, TX75201
X
Signatures
/s/ Francis M. Munchinski as attorney-in-fact 04/04/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Restricted Stock Unit is a notional share of common shares of the Issuer, with a value of each Unit being equal to the Fair Market value of a share of common stock at any time.
( 2 )100% of the total Restricted Stock Units shall vest on October 1, 2017 provided Mr. Halleran is still a director of the Issuer on that date.
( 3 )Upon the occurrence of a change of control, termination of service due to death, disability or termination of service, all unvested Restricted Stock Units shall immediately become vested.

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