SEC Form 4
FORM 4 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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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Grimes R. Keith
(Last) (First) (Middle)
801 TRAVIS STREET
SUITE 1425
(Street)
HOUSTON TX 77002
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HOUSTON AMERICAN ENERGY CORP [ HUSA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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
Common Stock 30,000 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 (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 Buy) $1.18 01/02/2013 07/02/2022 Common Stock 25,000 25,000 D
Stock Option (Right to Buy) $0.3075 12/11/2013 06/11/2023 Common Stock 25,000 25,000 D
Stock Option (Right to Buy) $0.415 12/10/2014 06/10/2024 Common Stock 50,000 50,000 D
Stock Option (Right to Buy) $0.2028 12/09/2015 06/09/2025 Common Stock 50,000 50,000 D
Stock Option (Right to Buy) $0.2201 12/07/2016 06/07/2026 Common Stock 50,000 50,000 D
Stock Option (Right to Buy) $0.2201 06/07/2017 06/07/2026 Common Stock 150,000 150,000 D
12% Series A Convertible Preferred Stock $0.2 01/31/2017 12/31/2050(1) Common Stock 125,000 25 D
Stock Option (Right to Buy) $0.485 03/06/2018 09/06/2027 Common Stock 50,000 50,000 D
Stock Option (Right to Buy) $0.2425 12/05/2018 06/05/2028 Common Stock 50,000 50,000 D
Stock Option (Right to Buy) $0.2165 12/13/2019 06/13/2029 Common Stock 50,000 50,000 D
Stock Option (Right to Buy) $0.1284 07/17/2020 A 50,000 01/17/2021(2) 07/17/2030 Common Stock 50,000 $0 50,000 D
Explanation of Responses:
1. Convertible preferred stock has no expiration date.
2. The options were granted on July 17, 2020 and are exercisable six months from the date off grant, subject to vesting. The options vest 20% on the date of grant and 80% nine months from the date of grant.
Keith Grimes 07/20/2020
** 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).
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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