4//SEC Filing
Bold Energy Holdings, LLC 4
Accession 0000899243-18-015139
CIK 0000010254other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 6:06 PM ET
Size
11.9 KB
Accession
0000899243-18-015139
Insider Transaction Report
Form 4
Bold Energy Holdings, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2018-06-01−650,000→ 33,956,524 total→ Class A Common Stock (650,000 underlying)
EnCap Energy Capital Fund IX, L.P.
10% Owner
Transactions
- Other
Class B Common Stock
2018-06-01−650,000→ 33,956,524 total→ Class A Common Stock (650,000 underlying)
EnCap Partners GP, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2018-06-01−650,000→ 33,956,524 total→ Class A Common Stock (650,000 underlying)
Footnotes (2)
- [F1]Upon the closing of the transactions contemplated by that certain Contribution Agreement dated as of November 7, 2016, and as amended on March 21, 2017, by and among Earthstone Energy, Inc. (the "Issuer"), Earthstone Energy Holdings, LLC ("EEH"), Lynden USA Inc., Lynden USA Operating, LLC, Bold Energy Holdings, LLC ("Bold Holdings") and Bold Energy III LLC, Bold Holdings received 36,070,828 shares of Class B Common Stock. Each share of Class B Common Stock represents the right to receive, at Bold Holdings' discretion, either one share of Class A Common Stock of the Issuer or its equivalent in cash, in exchange for one share of Class B Common Stock and one Unit of EEH, in accordance with the terms and subject to the restrictions set forth in the First Amended and Restated Limited Liability Company Agreement of EEH.
- [F2]Pursuant to the Written Consent of the Board of Managers of Bold Holdings, dated June 1, 2018, and the Redemption Agreement, dated June 1, 2018, by and between Bold Holdings and Bold Energy Management III LLC ("Bold Management"), Bold Holdings redeemed all of the Class C Units of Bold Holdings held Bold Management in exchange for the distribution of 650,000 Units EEH and 650,000 shares of Class B Common Stock of the Issuer to Bold Management, and following such redemption Bold Holdings canceled all of the outstanding Class C Units of Bold Holdings.
Documents
Issuer
EARTHSTONE ENERGY INC
CIK 0000010254
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001707241
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 6:06 PM ET
- Size
- 11.9 KB