Edgar Filing: TRANSATLANTIC PETROLEUM LTD.

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

OMB APPROVAL

OMB Number:

3235-0104

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â West Family Investments, Inc.

2. Date of Event Requiring Statement (Month/Day/Year)
12/07/2016

3. Issuer Name and Ticker or Trading Symbol
TRANSATLANTIC PETROLEUM LTD. [TAT]

(Last)

(First)

(Middle)

1603 ORRINGTON AVE.,Â SUITE 810

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Footnote 21

5. If Amendment, Date Original Filed(Month/Day/Year)
12/16/2016

(Street)

EVANSTON,Â ILÂ 60201

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares ⁽¹⁾ ⁽²¹⁾	6,000	I	See Footnote 2 ⁽²⁾
Common Shares	6,000	I	See Footnote 3 ⁽³⁾
Common Shares	729,841	I	See Footnote 4 ⁽⁴⁾
Common Shares	6,000	I	See Footnote 5 ⁽⁵⁾
Common Shares	6,000	I	See Footnote 6 ⁽⁶⁾
Common Shares	67,106	I	See Footnote 7 ⁽⁷⁾
Common Shares	55,458	I	See Footnote 8 ⁽⁸⁾
Common Shares	41,480	I	See Footnote 9 ⁽⁹⁾
Common Shares	67,065	I	See Footnote 10 ⁽¹⁰⁾
Common Shares	55,458	I	See Footnote 11 ⁽¹¹⁾
Common Shares	41,480	I	See Footnote 12 ⁽¹²⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Convertible Note	Â ⁽¹³⁾	07/01/2017	Common Shares	110,294	$ ⁽¹³⁾	I	See Footnote 14 ⁽¹⁴⁾
Convertible Note	Â ⁽¹³⁾	07/01/2017	Common Shares	88,235	$ ⁽¹³⁾	I	See Footnote 15 ⁽¹⁵⁾
Convertible Note	Â ⁽¹³⁾	07/01/2017	Common Shares	73,529	$ ⁽¹³⁾	I	See Footnote 16 ⁽¹⁶⁾
Convertible Note	Â ⁽¹³⁾	07/01/2017	Common Shares	110,294	$ ⁽¹³⁾	I	See Footnote 17 ⁽¹⁷⁾
Convertible Note	Â ⁽¹³⁾	07/01/2017	Common Shares	88,235	$ ⁽¹³⁾	I	See Footnote 18 ⁽¹⁸⁾
Convertible Note	Â ⁽¹³⁾	07/01/2017	Common Shares	73,529	$ ⁽¹³⁾	I	See Footnote 19 ⁽¹⁹⁾
Series A Convertible Preferred Shares	Â ⁽²⁰⁾	11/04/2024	Common Shares	4,575,400	$ ⁽²⁰⁾	I	See Footnote 20 ⁽²⁰⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
West Family Investments, Inc. 1603 ORRINGTON AVE. SUITE 810 EVANSTON,Â ILÂ 60201	Â	Â	Â	See Footnote 21
West Investment Holdings, LLC 1603 ORRINGTON AVE. SUITE 810 EVANSTON,Â ILÂ 60201	Â	Â X	Â	Â
West Gary 1603 ORRINGTON AVE. SUITE 810 EVANSTON,Â ILÂ 60201	Â	Â	Â	See Footnote 21
WEST MARY E 1603 ORRINGTON AVE. SUITE 810 EVANSTON,Â ILÂ 60201	Â	Â	Â	See Footnote 21

Signatures

Randall Rochman, on behalf of West Family Investments, Inc., as its CEO		01/05/2017
^**Signature of Reporting Person		Date
Gary West		01/05/2017
^**Signature of Reporting Person		Date
Mary West		01/05/2017
^**Signature of Reporting Person		Date
Randall Rochman, on behalf of West Investment Holdings, LLC, as its Manager		01/05/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	The reporting persons disclaim beneficial ownership of all of the securities reported in Table I and II except to the extent of any pecuniary interest therein.
(2)	The Common Shares are owned by West Gary CRT4 LLC, an entity owned by a trust of which Gary West is a beneficiary.
(3)	The Common Shares are owned by West Gary CRT5 LLC, an entity owned by a trust of which Gary West is a beneficiary.
(4)	The Common Shares are owned by West Investment Holdings, LLC (WIH), an entity owned by West Family Holdings, LLC, an entity that is owned by trusts of which Gary West and Mary West are beneficiaries.
(5)	The Common Shares are owned by Mary West CRT4, LLC, an entity owned by a trust of which Mary West is a beneficiary.
(6)	The Common Shares are owned by Mary West CRT5, LLC, an entity owned by a trust of which Mary West is a beneficiary.
(7)	The Common Shares are owned by Gary West CRT1, LLC (Gary CRT1), an entity owned by a trust of which Gary West is a beneficiary.
(8)	The Common Shares are owned by Gary West CRT2, LLC (Gary CRT2), an entity owned by a trust of which Gary West is a beneficiary.
(9)	The Common Shares are owned by Gary West CRT3, LLC (Gary CRT3), an entity owned by a trust of which Gary West is a beneficiary.
(10)	The Common Shares are owned by Mary West CRT1, LLC (Mary CRT1), an entity owned by a trust of which Mary West is a beneficiary.
(11)	The Common Shares are owned by Mary West CRT2, LLC (Mary CRT2), an entity owned by a trust of which Mary West is a beneficiary.
(12)	The Common Shares are owned by Mary West CRT3, LLC (Mary CRT3), an entity owned by a trust of which Mary West is a beneficiary.
(13)	The 13.0% Convertible Notes are convertible into shares of the Issuer's Common Shares at any time after July 01, 2015 at a conversion price of $6.80 per Common Share.
(14)	The 13.0% Convertible Note is in the principal amount of $750,000 and held by Gary CRT1.
(15)	The 13.0% Convertible Note is in the principal amount of $600,000 and held by Gary CRT2.
(16)	The 13.0% Convertible Note is in the principal amount of $500,000 and held by Gary CRT3.
(17)	The 13.0% Convertible Note is in the principal amount of $750,000 and held by Mary CRT1.
(18)	The 13.0% Convertible Note is in the principal amount of $600,000 and held by Mary CRT2.
(19)	The 13.0% Convertible Note is in the principal amount of $500,000 and held by Mary CRT3.
(20)	WIH disposed of $5,000,000 of the 13.0% Convertible Note due July 1, 2017 in exchange for 100,000 Series A Preferred Shares. Each Series A Preferred Share is convertible at any time, after December 7, 2017 (the date of approval of the listing of the Common Shares issuable upon conversion of the Series A Preferred Shares by the NYSE MKT and Toronto Stock Exchange), at the option of the holder, into 45.754 Common Shares, par value $0.10 per share, of the Issuer (which is equal to an initial conversion price of approximately $1.0928 per Common Share and is subject to customary adjustment for stock splits, stock dividends, recapitalizations or other fundamental changes).
(21)	This statement is filed jointly on behalf of the West Family Investments, Inc. (the Adviser), WIH, Gary West and Mary West (collectively, the reporting persons). The Adviser is an investment adviser exempt from registration pursuant to 17 C.F.R. Section 275.202(a)(11)(G)-1. Pursuant to Rule 16a-1 and Instruction 5 of the Form 3, the Adviser does not beneficially own any securities listed on this Form. However, the Adviser maintains complete investment and voting power and authority with respect to all of the shares under management arrangements entered into by and between the Adviser and the direct owners of the shares (as indicated in the footnotes of this Form 3). By reason of the provisions of Rule 16a-1(a)(1), the Adviser was required to file this Form. WIH is a beneficial owner of greater than 10% of the Common Shares of the Issuer.
Â Remarks: Note:Â Â ThisÂ amendmentÂ isÂ beingÂ madeÂ solelyÂ forÂ theÂ purposeÂ ofÂ includingÂ theÂ CIKÂ numbersÂ forÂ theÂ AdditionalÂ ReportingÂ PersonsÂ whichÂ wereÂ inadvertentlyÂ leftÂ offÂ theÂ originalÂ FormÂ 3.Â Â NoÂ otherÂ changesÂ haveÂ beenÂ made.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.