C&J Energy Services Ltd. 4
4 · C&J Energy Services Ltd. · Filed Jan 6, 2017
Insider Transaction Report
Form 4
Hobbs Everett Michael
President - Well Services
Transactions
- Other
Common Stock
2017-01-06−39,990→ 31,206 total - Other
Common Stock
2017-01-06−31,206→ 0 total - Other
Non-Qualified Stock Option
2017-01-06−2,488→ 0 totalExercise: $18.89From: 2015-06-19Exp: 2022-06-19→ Common Stock (2,488 underlying)
Footnotes (3)
- [F1]On December 16, 2016, an order confirming the plan of reorganization (the "Plan") of C&J Energy Services Ltd. (the "Company") and certain of its subsidiaries was entered by the United States Bankruptcy Court for the Southern District of Texas, Houston Division. On January 6, 2017, the Plan became effective pursuant to its terms and all of the Company's equity was cancelled.
- [F2]These shares of restricted common stock were cancelled automatically and without the receipt of any consideration pursuant to the Plan.
- [F3]These options were cancelled automatically and without the receipt of any consideration in conjunction with the cancellation of the underlying common stock pursuant to the Plan.