4//SEC Filing
SANCHEZ ANTONIO R III 4
Accession 0001104659-19-012965
CIK 0001528837other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 9:21 PM ET
Size
12.7 KB
Accession
0001104659-19-012965
Insider Transaction Report
Form 4
SANCHEZ ANTONIO R III
DirectorPres. CEO and Chairman of Bd10% Owner
Transactions
- Exercise/Conversion
Common Stock
2019-03-01+49,047→ 1,935,713 total - Disposition to Issuer
Common Stock
2019-03-01$0.26/sh−49,047$12,752→ 1,886,666 total - Tax Payment
Common Stock
2019-03-01$0.26/sh−19,300$5,018→ 1,867,366 total - Exercise/Conversion
Phantom Stock
2019-03-01−49,047→ 0 totalFrom: 2019-03-01Exp: 2019-03-01→ Common Stock (49,047 underlying)
Holdings
- 799,472(indirect: By Sanchez Oil & Gas Corporation)
Common Stock
- 371,836(indirect: By Trust)
Common Stock
Footnotes (4)
- [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]These shares are owned directly by Sanchez Oil & Gas Corporation ("SOG"). SOG is managed by Reporting Person and other members of the Sanchez family. Reporting Person may be deemed to share voting and dispositive power over the shares held by SOG. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.
- [F3]These shares are owned directly by 1988 Trust No. 11. Reporting Person is a co-trustee, along with A. R. Sanchez, Jr., and a beneficiary of 1988 Trust No. 11. Reporting Person may be deemed to share voting and dispositive power over the shares held by 1988 Trust No. 11. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.
- [F4]Phantom stock is payable only in cash, which vests in equal annual increments over a five-year period.
Documents
Issuer
Sanchez Energy Corp
CIK 0001528837
Entity typeother
Related Parties
1- filerCIK 0001231922
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 9:21 PM ET
- Size
- 12.7 KB