FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCHOONOVER JAMES A
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)
(Last)          (First)          (Middle)

1770 COUNTY ROAD H2
3. Date of Earliest Transaction (MM/DD/YYYY)

6/27/2023
(Street)

WHITE BEAR TOWNSHIP, MN 55110
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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         172976 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $3.338           10/13/2018 4/13/2028 Common Stock 666  666 D  
Stock Option (Right to Buy) $3.031           12/5/2018 6/5/2028 Common Stock 4000  4000 D  
Stock Option (Right to Buy) $2.706           6/13/2020 6/13/2029 Common Stock 40000  40000 D  
Warrant $2.463           9/18/2019 9/18/2029 Common Stock 46400  46400 D  
Stock Option (Right to Buy) $1.45           11/11/2020 11/10/2030 Common Stock 150000  150000 D  
Stock Option (Right to Buy) $1.77           1/22/2022 7/22/2031 Common Stock 20000  20000 D  
Stock Option (Right to Buy) $3.91           4/20/2023 9/20/2032 Common Stock 20000  20000 D  
Stock Option (Right to Buy) $2.09 6/27/2023  A   20000    12/27/2023 (1)6/27/2033 Common Stock 20000 $0 20000 D  

Explanation of Responses:
(1) The options were granted on June 27, 2023 and are exercisable six months from the date of grant, subject to vesting. The option vests 20% on the date of grant and 80% nine months from the date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SCHOONOVER JAMES A
1770 COUNTY ROAD H2
WHITE BEAR TOWNSHIP, MN 55110
X



Signatures
James Schoonover6/28/2023
**Signature of Reporting PersonDate


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.
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.
Houston American Energy (AMEX:HUSA)
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