Seventy Seven Energy Inc. 4
4 · Seventy Seven Energy Inc. · Filed Aug 1, 2016
Insider Transaction Report
Form 4
Irani Ronnie K
Director
Transactions
- Award
Class B Warrants to purchase Common Stock
2016-08-01+1,099→ 1,099 totalExercise: $69.08From: 2016-08-01Exp: 2021-08-01→ Common Stock (1,099 underlying) - Award
Class C Warrants to purchase Common Stock
2016-08-01+1,222→ 1,222 totalExercise: $86.93From: 2016-08-01Exp: 2023-08-01→ Common Stock (1,222 underlying) - Other
Common Stock
2016-08-01−21,972→ 0 total
Footnotes (2)
- [F1]Pursuant to the Confirmation Order (the "Confirmation Order") and Plan of Reorganization approved by the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") on July 14, 2016, the Issuer's common stock (SSEIQ) was automatically cancelled on August 1, 2016 without any action on the part of the Reporting Person.
- [F2]Received on August 1, 2016 after shares of the Issuer's common stock were cancelled (as described above), pursuant to the Confirmation Order and Plan of Reorganization approved by the Bankruptcy Court.