SEC FORM 4/A
FORM 4/A 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
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1. Name and Address of Reporting Person*
Vierma Luis Felipe 0001584042
(Last) (First) (Middle)
 
C/O PETRO RIVER OIL CORP.
1980 POST OAK BLVD., SUITE 2020

(Street)
 
HOUSTON TX 77056

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Petro River Oil  [ PTRC.QB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
  Director   10% Owner
X Officer (give title below)   Other (specify below)
 
EVP, Geological & Geophysical 
3. Date of Earliest Transaction (Month/Day/Year)
11/25/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
11/27/2013
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. 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
Stock Option (right to purchase) $0.059 11/25/2013   A    6,250,000       (1) 11/25/2023 Common Stock 6,250,000  $0 6,250,000  D  
Explanation of Responses:
1. The options will vest in five equal installments, with the first installment vesting on November 25, 2013. The next four installments will vest on November 25, 2014, November 25, 2015, November 25, 2016, and November 25, 2017, upon the Reporting Person's continuation in service with the Issuer through each of the vesting dates. The contingent vestings are subject to the amendment of the Issuer's 2012 Equity Compensation Plan, approved by a vote of the shareholders of the Issuer, to increase the number of shares permitted to be granted under the Plan, and to put in place a stock option grant limitation in accordance with ss.162(m) of the Internal Revenue Code of 1986, as amended.
Remarks:
* This Form 4/A is being filed to amend the Form 4 filed by the Reporting Person on November 27, 2013 (the "Original Form 4") to correct the number of derivative securities acquired, the amount of underlying securities, and the number of derivative securities beneficially owned following the reported transaction. These amounts were incorrectly reported on the Original Form 4 as 12,500,000.
 
/s/ Luis Vierma 11/27/2013
** 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).
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