Ring Energy, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2017

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following tables present the details of those exercises:

																	Stock price on			Aggregate value
		Options			Exercise			Shares			Shares			Cash paid at			date of exercise			of shares retained
		exercised			price ($)			issued			retained			exercise ($)			($)			($)
2015			10,000		$	2.00			8,115			1,885		$	-		$	10.61		$	20,000
			5,000			4.50			5,000			-			22,500			10.00			-
			20,000			2.00			20,000			-			40,000			10.14			-
			10,000			4.50			6,127			3,873			-			11.62			45,000
			5,000			5.50			2,633			2,367			-			11.62			27,500
			15,000			4.50			15,000			-			67,500			11.06			-
			600			8.00			600			-			4,800			8.07			-

2015 Totals			65,600						57,475			8,125		$	134,800					$	92,500
2015 Weighted Averages					$	3.46											$	10.73

																	Stock price on			Aggregate value
		Options			Exercise			Shares			Shares			Cash paid at			date of exercise			of shares retained
		exercised			price ($)			issued			retained			exercise ($)			($)			($)
2016			5,000		$	4.50			5,000			-		$	22,500		$	4.72		$	-
			20,000			4.50			20,000			-			90,000			7.29			-
			150			2.00			119			31			-			9.72			300
			350			2.00			276			74			-			9.46			700
			400			2.00			339			61			-			13.05			800

2016 Totals			25,900						25,734			166		$	112,500					$	1,800
2016 Weighted Averages					$	4.41											$	6.93

																	Stock price on			Aggregate value
		Options			Exercise			Shares			Shares			Cash paid at			date of exercise			of shares retained
		exercised			price ($)			issued			retained			exercise ($)			($)			($)
2017			4,100		$	2.00			3,491			609		$	-		$	13.47		$	8,200
			60,000			2.00			50,156			9,844			-			12.19			120,000
			200			8.00			116			84			-			13.75			1,600
			1,500			10.89			1,188			312			-			13.75			16,335
			600			5.25			229			371			-			13.75			3,150
			20,000			5.50			11,953			8,047			-			13.67			110,000
			2,000			8.00			830			1,170			-			13.67			16,000
			2,000			5.25			1,232			768			-			13.67			10,500
			15,000			2.00			12,875			2,125			-			14.12			30,000
			60,000			2.00			51,238			8,762			-			13.70			120,000

2017 Totals			165,400						133,308			32,092		$	-					$	435,785
2017 Weighted Averages					$	2.63											$	13.18