Colyer Wilkie Schell Jr 4
4 · CONTANGO OIL & GAS CO · Filed Dec 23, 2019
Insider Transaction Report
Form 4
Colyer Wilkie Schell Jr
DirectorInterim President & CEO
Transactions
- Other
Common Stock
2019-12-19+691,556→ 691,556 total(indirect: By Colyer Holdings, LP) - Other
Common Stock
2019-12-19+103,733→ 111,533 total - Other
Common Stock
2019-12-19+207,467→ 207,467 total(indirect: By CCC Resources Ltd.) - Purchase
Series C Preferred Stock
2019-12-19$2.50/sh+60,000$150,000→ 60,000 total→ Common Stock (60,000 underlying)
Holdings
- 600(indirect: By Peyton E Colyer UTMA)
Common Stock
Footnotes (6)
- [F1]Distribution from Goff MCF Partners, LP ("Goff MCF"), of which the reporting person is a non-managing member.
- [F2]In addition to the shares beneficially owned by Mr. Colyer, as reported herein, Mr. Colyer has an economic interest in an additional 38,730 shares of Common Stock, through his ownership interest in Goff MCF. The reporting person disclaims beneficial ownership of the 38,730 shares of Common Stock.
- [F3]The reporting person has a 50% ownership interest in Colyer Holdings, LP ("Colyer Holdings"). The general partner of Colyer Holdings is Colyer Interests, LLC, of which the reporting person is the managing member and has a 50% ownership interest. The reporting person shares voting and dispositive power over the 691,556 shares of Common Stock. In addition to the 691,556 shares of Common Stock beneficially owned by Colyer Holdings, as reported herein, Colyer Holdings has an economic interest in an additional 258,220 shares of Common Stock, through its ownership interest in Goff MCF. The reporting person disclaims beneficial ownership of the 258,220 shares of Common Stock.
- [F4]The reporting person disclaims beneficial ownership of the 207,467 shares of Common Stock. In addition to the 207,467 shares of Common Stock beneficially owned by CCC Resources Ltd. ("CCC Resources"), as reported herein, CCC Resources has an economic interest in an additional 77,460 shares of Common Stock, through its ownership interest in Goff MCF. The reporting person disclaims beneficial ownership of the 77,460 shares of Common Stock.
- [F5]The Series C Preferred Stock is convertible into shares of Common Stock on a one-for-one basis upon the occurrence of approval by the shareholders of the issuer, in accordance with applicable law and stock exchange rules and regulations, of the issuance of the shares of Common Stock to be issued upon conversion of the Series C Preferred Stock.
- [F6]The Series C Preferred Stock has no expiration date.