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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* McCabe Greg (Last) (First) (Middle) 500 WEST TEXAS AVE. SUITE 890 (Street) MIDLAND TX 79701 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol TORCHLIGHT ENERGY RESOURCES INC [ TRCH ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 09/30/2015
	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	09/30/2015		J(1)		97,772	A	$1.15	4,397,772	D
Common Stock	09/30/2015		J(1)		16,295	A	$1.15	16,295	I	See footnote(2)
Common Stock	12/31/2015		J(1)		78,904	A	$1.15	4,476,676	D
Common Stock	12/31/2015		J(1)		13,150	A	$1.15	29,445	I	See footnote(2)
Common Stock	03/31/2016		J(1)		78,046	A	$1.15	4,604,722(3)	D
Common Stock	03/31/2016		J(1)		13,008	A	$1.15	42,453	I	See footnote(2)
Common Stock	06/08/2016		J(1)		59,178	A	$1.15	4,663,900	D
Common Stock	06/08/2016		J(1)		9,863	A	$1.15	52,316	I	See footnote(2)
Common Stock	06/08/2016		C(4)		2,608,696	A	$1.15	7,272,596	D
Common Stock	06/08/2016		C(4)		434,783	A	$1.15	487,099	I	See footnote(2)

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
Warrants	$1	04/04/2016		P		1,500,000		04/04/2016	04/04/2021	Common Stock	1,500,000	(5)	1,500,000	I	See footnote(6)
Series A Convertible Preferred Stock	$1.15	06/08/2016		C			30,000	06/09/2015	(7)	Common Stock	2,608,696	$100	0	D
Series A Convertible Preferred Stock	$1.15	06/08/2016		C			5,000	06/09/2015	(7)	Common Stock	434,783	$100	0	I	See footnote(2)

Explanation of Responses:

1. Shares received as quarterly interest payment due on Series A Convertible Preferred Stock.

2. Securities owned of record by G Mc Exploration, LLC, in which the reporting person owns 50% of the outstanding membership interests.

3. This amount includes the 50,000 total shares of common stock acquired by the reporting person on February 16, 2016, as reported in his Form 4 filed on February 18, 2016. In the February 18 Form 4, the amounts referenced in column 5 therein incorrectly omit the 97,772 and 78,904 shares of common stock acquired by the reporting person on September 30, 2015 and December 31, 2015, respectively, as reported herein.

4. Conversion of Series A Convertible Preferred Stock.

5. The issuer issued these warrants to McCabe Petroleum Corporation as consideration for the conveyance of an interest in certain oil and gas leases.

6. Securities owned of record by G McCabe Petroleum Corporation, of which the reporting person is the sole owner.

7. The Series A Convertible Preferred Stock is convertible into common stock with no expiration date.

Remarks:

	/s/ Greg McCabe	07/29/2016
	** 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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