3//SEC Filing
Resaca Exploitation, Inc. 3
Accession 0001104659-10-035051
CIK 0001473332other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 6:01 AM ET
Size
10.1 KB
Accession
0001104659-10-035051
Insider Transaction Report
Form 3
BRYAN J P
Director
Holdings
- 136,628(indirect: By Spouse)
Common Stock
- 24,000(indirect: By family)
Common Stock
- 1,533,844(indirect: By Torch E&P Company)
Common Stock
- 227,717
Common Stock
- 1,678,611(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]Amounts of securities beneficially owned assume: (i) the consummation of a one-for-five reverse stock split (the "Reverse Stock Split") of the common stock of Resaca Exploitation, Inc. (the "Issuer") effective immediately prior to the registration with the Securities and Exchange Commission, and the public offering and listing in the United States, of common stock of the Issuer and (ii) the merger of Cano Petroleum, Inc. with a subsidiary of the Issuer.
- [F2]Represents 181,588 of the 181,588.4 (which comprised 907,942 shares prior to the Reverse Stock Split) shares of common stock held by the reporting person prior to the Reverse Stock Split and 46,129 of 46,129.4 restricted shares of common stock awarded to the reporting person on July 17, 2008. 15,376.4 (which comprised 76,882 shares prior to the Reverse Stock Split) of such awarded shares vested on July 17, 2009, 15,377 of such shares will vest on July 17, 2010, and 15,376 of such shares will vest on July 17, 2011. As a result of the Reverse Stock Split, the reporting person will receive cash consideration in lieu of the 0.4 fractional share vested on July 17, 2009 and the 0.4 fractional share of common stock held prior to the Reverse Stock Split.
- [F3]Comprised of shares owned collectively by Adeline James, Eloise James, Josephine James, Bryan James, Ava Leigh Bryan and Gwyneth Bryan, each of whom is a member of the reporting person's family. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F4]Represents shares held by Torch E&P Company ("Torch E&P"). The reporting person holds a majority interest in Torch E&P and may be deemed to beneficially own the shares held by Torch E&P. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F5]Represents shares held by Resaca Exploitation GP LLC ("RE GP LLC"). Torch E&P is the sole member of RE GP LLC and the reporting person may be deemed to beneficially own the shares held by RE GP LLC through his majority interest in Torch E&P. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Documents
Issuer
Resaca Exploitation, Inc.
CIK 0001473332
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001473332
Filing Metadata
- Form type
- 3
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 6:01 AM ET
- Size
- 10.1 KB