4//SEC Filing
BAHORICH MICHAEL S 4
Accession 0001104659-18-062697
CIK 0001404973other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 12:29 PM ET
Size
19.6 KB
Accession
0001104659-18-062697
Insider Transaction Report
Form 4
BAHORICH MICHAEL S
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-10-18−6,500→ 0 total→ Common Stock (6,500 underlying) - Exercise/Conversion
Restricted Stock Units
2018-10-18−8,796→ 0 total→ Common Stock (8,796 underlying) - Exercise/Conversion
Restricted Stock Units
2018-10-18−16,752→ 0 total→ Common Stock (16,752 underlying) - Exercise/Conversion
Common Stock
2018-10-18+8,796→ 25,296 total - Disposition to Issuer
Common Stock
2018-10-18$9.10/sh−42,048$382,637→ 0 total - Exercise/Conversion
Common Stock
2018-10-18+10,000→ 16,500 total - Exercise/Conversion
Common Stock
2018-10-18+16,752→ 42,048 total - Exercise/Conversion
Common Stock
2018-10-18+6,500→ 6,500 total - Exercise/Conversion
Restricted Stock Units
2018-10-18−10,000→ 0 total→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]In connection with the merger between the Issuer and an indirectly wholly owned subsidiary of MLCJR LLC (the "Merger"), each share of common stock, par value $0.01 per share, of the Issuer ("Common Stock") was converted into the right to receive $9.10 in cash (the "Merger Consideration").
- [F2]Each restricted stock unit represents the contingent right to receive one share of Common Stock.
- [F3]Immediately prior to the effective time of the Merger, the vesting of each outstanding restricted stock unit ("RSU") was accelerated (if not already vested), with any performance condition deemed achieved at the target, and each RSU was cancelled and converted into the right to receive the Merger Consideration, multiplied by the number of shares of Common Stock subject to that RSU.
Documents
Issuer
Energy XXI Gulf Coast, Inc.
CIK 0001404973
Entity typeother
Related Parties
1- filerCIK 0001240213
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 12:29 PM ET
- Size
- 19.6 KB