Hink Kirsten A 4

4 · Sanchez Energy Corp · Filed Apr 18, 2018

Form 4

Period: 2018-04-16

Vice Pres. & Prin. Acct. Ofc.

Transactions

Exercise/Conversion
Common Stock
2018-04-16+12,000→ 167,154 total
Sale
Common Stock
2018-04-17$3.72/sh+2,559$9,509→ 180,633 total
Exercise/Conversion
Phantom Stock
2018-04-16−12,000→ 0 total
From: 2018-04-16Exp: 2018-04-16→ Common Stock (12,000 underlying)
Award
Common Stock
2018-04-17+28,038→ 183,192 total
Award
Phantom Stock
2018-04-17+28,038→ 28,038 total
From: 2021-04-19Exp: 2021-04-19→ Common Stock (28,038 underlying)
Disposition to Issuer
Common Stock
2018-04-16$3.74/sh−12,000$44,880→ 155,154 total

Footnotes (5)

[F1]Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock, par value $0.01 per share. The Reporting Person settled his shares of phantom stock for cash.
[F2]Represents a grant of restricted stock Reporting Person received from the Issuer.
[F3]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person and was used to satisfy the Reporting Person's federal income tax obligations with respect to the vesting of equity awards.
[F4]Phantom stock is payable only in cash, which vests in equal annual increments over a three-year period.
[F5]Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock, par value $0.01 per share.

Documents

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