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UNITED STATES
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OMB APPROVAL
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SECURITIES AND EXCHANGE COMMISSION
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OMB Number: 3235-0101 | |||
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Washington, D.C. 20549
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Expires:
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February 28, 2014
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Estimated average burden
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FORM 144
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hours per response
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1.00
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NOTICE OF PROPOSED SALE OF SECURITIES
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SEC USE ONLY
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PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
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DOCUMENT SEQUENCE NO.
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CUSIP NUMBER
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ATTENTION: ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.
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WORK LOCATION
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1 (a) NAME OF ISSUER (Please type or print)
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(b) IRS IDENT. NO.
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(c) S.E.C. FILE NO
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Blue Dolphin Energy Cimpany
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73-1268729
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0-15905
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1 (d) ADDRESS OF ISSUER
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STREET
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CITY
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STATE
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ZIP CODE
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(e) TELEPHONE NO
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| 801 Travis Street, Suite 2100 |
Houston
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TX
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77002
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713-568-4725
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2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
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(b) RELATIONSHIP TO ISSUER
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(c) ADDRESS STREET
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CITY
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STATE
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ZIP CODE
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Ivar Siem
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Chairman of the Board
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801 Travis Street, Suite 2100
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Houston
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TX
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77002
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3 (a) Title of the
Class of
Securities
To Be Sold
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(b) Name and Address of Each Broker Through Whom the
Securities are to be Offered or Each Market Maker
who is Acquiring the Securities
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SEC USE ONLY
Broker-Dealer
File Number
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(c) Number of Shares
or Other Units
To Be Sold
(See instr. 3(c))
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(d) Aggregate
Market
Value
(See instr. 3(d))
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(e) Number of Shares
or Other Units
Outstanding
(See instr. 3(e))
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(f) Approximate
Date of Sale
(See instr. 3(f))
(MO. DAY YR.)
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(g) Name of Each
Securities
Exchange
(See instr. 3(g))
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Common
Stock
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MerrillLynch, Peirce, Fenner & Smith, Inc.
580 Westlake Park Blvd., Suite 1630
Houston, TX 77079
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2,222
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$9,554.60
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10,580,973
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12/11/2013
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OTCQX
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INSTRUCTIONS:
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1.
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(a)
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Name of issuer
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3.
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(a)
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Title of the class of securities to be sold
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(b)
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Issuer’s I.R.S. Identification Number
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(b)
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Name and address of each broker through whom the securities are intended to be sold
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(c)
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Issuer’s S.E.C. file number, if any
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(c)
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Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
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(d)
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Issuer’s address, including zip code
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(d)
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Aggregate market value of the securities to be sold as of a specified date within 10 days prior to filing of this notice
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(e)
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Issuer’s telephone number, including area code
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(e)
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Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer
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(f)
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Approximate date on which the securities are to be sold
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2.
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(a)
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Name of person for whose account the securities are to be sold
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(g)
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Name of each securities exchange, if any, on which the securities are intended to be sold
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(b)
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Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
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(c)
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Such person’s address, including zip code
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Title of
the Class
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Date you
Acquired
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Nature of Acquisition
Transaction
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Name of Person from Whom Acquired
(If gift, also give date donor acquired)
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Amount of
Securities Acquired
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Date of
Payment
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Nature of Payment
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Common
Stock
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12/31/2001
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Annual Employee 401(k) Plan Allocation
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Blue Dolphin Energy Company
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94
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12/31/2001
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N/A
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Common
Stock
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12/31/2002
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Annual Employee 401(k) Plan Allocation
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Blue Dolphin Energy Company
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2,128
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12/31/2002
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N/A
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INSTRUCTIONS:
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If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
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Name and Address of Seller
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Title of Securities Sold
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Date of Sale
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Amount of
Securities Sold
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Gross Proceeds
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None.
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REMARKS:
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The Blue Dolphin Services Co. 401(k) Plan (the "Plan") is being terminated effective 12/27/13. All assets held in the Plan are being liquidated. Proceeds from the sale of Mr. Siem's common stock as held in the Plan are being rolled over into Mr. Siem's personal retirement account. |
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INSTRUCTIONS:
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ATTENTION:
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See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
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The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
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12/11/13
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/s/ Ivar Siem
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DATE OF NOTICE
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(SIGNATURE)
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DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ON RULE 10B5-1
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The notice shall be signed by the person for whose account the securities are to be sold. At least one
copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures.
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ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)
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