4//SEC Filing
Jagged Peak Energy Inc. 4
Accession 0001104659-17-006440
CIK 0001685715operating
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 4:26 PM ET
Size
8.5 KB
Accession
0001104659-17-006440
Insider Transaction Report
Form 4
Petry Mark R
See Remarks
Transactions
- Award
Common stock
2017-02-01+1,560,338→ 1,560,338 total - Disposition to Issuer
Common stock
2017-02-01$14.18/sh−235,427$3,338,355→ 1,324,911 total
Footnotes (4)
- [F1]Immediately prior to the closing of Jagged Peak Energy Inc.'s (the "Issuer") initial public offering, and pursuant to the Master Reorganization Agreement dated as of January 25, 2017 by and among Jagged Peak Energy LLC ("JPE LLC"), Q-Jagged Peak Energy Investment Partners, LLC, the Issuer, JPE Merger Sub LLC, JPE Management Holdings LLC ("Management Holdco"), and the individuals listed on the signature pages thereto under the heading "Management Members", (i) the equity interests (both capital interests and management incentive units) in JPE LLC were recapitalized into a single class of units ("Units"), and the Units were allocated among the existing owners of JPE LLC (the "Existing Owners") in accordance with the terms of the limited liability company agreement of JPE LLC and calculated using an implied valuation for JPE LLC based on the initial public offering price of the Issuer's common stock,
- [F2](Continued from footnote (1)) (ii) officers and other employees that held management incentive units in JPE LLC contributed to Management Holdco certain of the Units issued to them in the recapitalization described above in exchange for membership interests in Management Holdco and (iii) JPE LLC merged into a subsidiary of the Issuer, and the Existing Owners and Management Holdco received, as consideration in the merger, shares of the Issuer's common stock, with such shares of common stock allocated among the Existing Owners and Management Holdco pro rata based on their relative ownership of Units. As a result of these transactions, JPE LLC became a wholly owned subsidiary of the Issuer. Pursuant to the transactions described above, Mr. Petry received 1,560,338 shares of the Issuer's common stock as consideration based on his relative ownership of Units.
- [F3]Mr. Petry sold 235,427 shares of the Issuer's common stock as a selling stockholder, pursuant to a registration statement on Form S-1 (Registration No. 333-215179), as amended, initially filed with the Securities and Exchange Commission by the Issuer on December 19, 2016.
- [F4]This amount represents the $15.00 offering price per share of the Issuer's common stock less the underwriting discounts and commission of $0.825 per share.
Documents
Issuer
Jagged Peak Energy Inc.
CIK 0001685715
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001685715
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 4:26 PM ET
- Size
- 8.5 KB