Home/Filings/4/0000950170-24-036131
4//SEC Filing

Jones Jerral W. 4

Accession 0000950170-24-036131

CIK 0000023194other

Filed

Mar 24, 8:00 PM ET

Accepted

Mar 25, 9:04 PM ET

Size

10.8 KB

Accession

0000950170-24-036131

Insider Transaction Report

Form 4
Period: 2024-03-25
Transactions
  • Purchase

    Common Stock

    2024-03-25$8.04/sh+12,500,000$100,450,000194,821,429 total(indirect: See Footnote)
Transactions
  • Purchase

    Common Stock

    2024-03-25$8.04/sh+12,500,000$100,450,000194,821,429 total(indirect: See Footnote)
Transactions
  • Purchase

    Common Stock

    2024-03-25$8.04/sh+12,500,000$100,450,000194,821,429 total(indirect: See Footnote)
Transactions
  • Purchase

    Common Stock

    2024-03-25$8.04/sh+12,500,000$100,450,000194,821,429 total(indirect: See Footnote)
Footnotes (2)
  • [F1]On March 25, 2024, Arkoma Drilling, L.P., a Texas limited partnership ("Arkoma"), and Williston Drilling, L.P., a Texas limited partnership ("Williston"), purchased, and Comstock Resources, Inc., a Nevada corporation (the "Company"), issued and sold to Arkoma and Williston in the aggregate 12,500,000 shares of common stock, $0.50 par value per share ("Common Stock"), of the Company for total consideration of approximately $100.5 million, pursuant to the closing of the transactions contemplated by that certain Subscription Agreement, dated March 20, 2024, by and among the Company, Arkoma and Williston.
  • [F2]Includes 146,950,577 shares of Common Stock held by Arkoma and 47,870,852 shares of Common Stock held by Williston. Blue Star Exploration Company, a Texas limited liability company ("Blue Star"), is the sole general partner of each of Arkoma and Williston. Jerral W. Jones is a director and sole shareholder of Blue Star. Each of the filing persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.

Documents

1 file

Issuer

COMSTOCK RESOURCES INC

CIK 0000023194

Entity typeother

Related Parties

1
  • filerCIK 0001750178

Filing Metadata

Form type
4
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 9:04 PM ET
Size
10.8 KB