4//SEC Filing
ELLISOR GABRIEL L 4
Accession 0001104659-18-062698
CIK 0001404973other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 12:30 PM ET
Size
12.6 KB
Accession
0001104659-18-062698
Insider Transaction Report
Form 4
ELLISOR GABRIEL L
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-10-18−53,908→ 0 total→ Common Stock (53,908 underlying) - Exercise/Conversion
Common Stock
2018-10-18+53,908→ 53,908 total - Exercise/Conversion
Restricted Stock Units
2018-10-18−16,752→ 0 total→ Common Stock (16,752 underlying) - Exercise/Conversion
Common Stock
2018-10-18+16,752→ 70,660 total - Disposition to Issuer
Common Stock
2018-10-18$9.10/sh−70,660$643,006→ 0 total
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 0001673078
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 12:30 PM ET
- Size
- 12.6 KB