AI assistant
CIVITAS RESOURCES, INC. — Director's Dealing 2017
Apr 27, 2017
31396_dirs_2017-04-26_01d4ac8a-4821-4d75-a24f-fe507fb8042a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2017-04-24
Reporting Person: Fenoglio Scott A (SVP, Finance & Planning)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-24 | Common Stock | M | 26739 | — | Acquired | 37347 | Direct |
| 2017-04-24 | Common Stock | F | 9968 | $0.87 | Disposed | 27379 | Direct |
| 2017-04-24 | Common Stock | F | 858 | $1.13 | Disposed | 26521 | Direct |
| 2017-04-24 | Common Stock | F | 693 | $1.13 | Disposed | 25828 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-24 | LTIP Units | $ | M | 26739 | Disposed | Common Stock (26739) | Direct |
Footnotes
F1: Each LTIP unit represents a contingent right to receive one share based on the level of attainment of the applicable performance goal. One-third of the award was settled in shares on April 24, 2017. The remaining two-thirds of the award is scheduled to vest in equal installments on March 15, 2018 and March 15, 2019.
F2: Represents shares withheld to satisfy tax withholding obligations arising on settlement of the LTIP units referenced in footnote 1.
F3: Represents shares withheld to satisfy tax withholding obligations arising on vesting of restricted stock on March 15, 2017.