BATTALION OIL CORP — Director's Dealing 2017

Apr 14, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALCON RESOURCES CORP (HK)
CIK: 0001282648
Period of Report: 2017-04-11

Reporting Person: Elkouri David S (EVP and CLO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-11	Common Stock	A	81250	$0.00	Acquired	328494	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-11	Employee Stock Options (Right to Buy)	$7.75	A	162500	Acquired	2027-04-11	Common Stock (162500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	177	Indirect
Common Stock	88	Indirect

Footnotes

F1: Pursuant to the certain Joint Prepackaged Chapter 11 Plan Under Chapter 11 of the Bankruptcy Code, dated as of September 2, 2016 (the "Plan") which became effective pursuant to its terms on September 9, 2016, the Reporting Person received an award of restricted stock in accordance with the terms of the Plan. The restricted stock award will vest fully in one installment on September 12, 2017.

F2: Pursuant to that certain Joint Prepackaged Chapter 11 Plan Under Chapter 11 of the Bankruptcy Code, dated as of September 2, 2016 (the "Plan") which became effective pursuant to its terms on September 9, 2016, the Reporting Person received stock options granted in accordance with the terms of the Plan. The stock options will vest fully in three equal annual installments beginning on April 11, 2018.