4//SEC Filing
Thill Howard J SR 4
Accession 0001104659-17-062007
CIK 0001528837other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 7:47 PM ET
Size
10.2 KB
Accession
0001104659-17-062007
Insider Transaction Report
Form 4
Thill Howard J SR
Executive VP - CFO
Transactions
- Exercise/Conversion
Phantom Stock
2017-10-10−58,333→ 116,667 total→ Common Stock (58,333 underlying) - Disposition to Issuer
Common Stock
2017-10-10$4.41/sh−58,333$257,249→ 275,000 total - Sale
Common Stock
2017-10-12$4.26/sh−16,499$70,368→ 258,501 total - Exercise/Conversion
Common Stock
2017-10-10+58,333→ 333,333 total
Footnotes (2)
- [F1]On October 10, 2016, Reporting Person was granted 175,000 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Issuer's common stock, par value $0.01 per share. The 175,000 shares of phantom stock vest in equal annual installments over three years. Reporting Person settled one-third of his shares of phantom stock for cash.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by Reporting Person and was used to satisfy Reporting Person's federal income tax obligations with respect to the vesting of equity awards.
Documents
Issuer
Sanchez Energy Corp
CIK 0001528837
Entity typeother
Related Parties
1- filerCIK 0001421707
Filing Metadata
- Form type
- 4
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 7:47 PM ET
- Size
- 10.2 KB