EXCO RESOURCES INC 4
4 · EXCO RESOURCES INC · Filed Oct 29, 2015
Insider Transaction Report
Form 4
Ford B James
Director
Transactions
- Award
Common Stock, par value $0.001 per share
2015-10-29+5,000→ 10,000 total
Footnotes (2)
- [F1]The reporting person is a Managing Director of Oaktree Capital Management, L.P. ("Oaktree"), a registered investment adviser under the Investment Advisers Act of 1940, as amended. The shares of restricted stock are held directly by the reporting person for the benefit of OCM FIE, LLC ("FIE"). Pursuant to the policies of Oaktree, the reporting person must hold the shares on behalf of and for the sole benefit of FIE and is assigning all economic, pecuniary, and voting rights to FIE. The reporting person disclaims beneficial ownership of these securities and the filing of this Form 4 shall not be construed as an admission that such person is the beneficial owner of any securities covered by this Form 4, except to the extent of any indirect pecuniary interest therein.
- [F2]Represents shares of restricted stock automatically issued to Mr. Ford pursuant to the Amended and Restated 2007 Director Plan of EXCO Resources, Inc., as amended (the "Plan"). All of these shares of restricted common stock vest on October 29, 2016. These shares of restricted stock are subject to forfeiture, accelerated vesting and other restrictions as more fully set forth in the Plan.