4//SEC Filing
Mayer Walter R 4
Accession 0001104659-25-021865
CIK 0001282648other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 8:05 PM ET
Size
8.8 KB
Accession
0001104659-25-021865
Insider Transaction Report
Form 4
Mayer Walter R
SVP, General Counsel
Transactions
- Other
Equity Grant Units
2025-03-05+20,612→ 0 total→ Common Stock (20,612 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-05+2,214→ 0 total→ Common Stock (2,214 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock, which, pursuant to the Issuer's 2020 Long-Term Incentive Plan, at the election of the Issuer will be settled in cash.
- [F2]The scheduled vesting of the Restricted Stock Units occurred on Feb. 20, 2024, and settlement in cash has been resolved to be paid on Mar. 11, 2025.
- [F3]On Sep. 23 and Nov. 22, 2024, the Reporting Person filed Form 4s reporting awards of 18,322 and 2,290 Equity Grant Units ("EGU"), respectively. Each EGU represents the right to receive a cash payment equivalent to the value of a share of the Issuer's common stock upon the satisfaction of certain conditions.
- [F4]Effective Mar. 5, 2025, the Reporting Person agreed to forfeit, waive and nullify any and all rights associated with EGUs; accordingly, the Issuer rescinded the award and the associated EGUs were cancelled.
Documents
Issuer
BATTALION OIL CORP
CIK 0001282648
Entity typeother
Related Parties
1- filerCIK 0001791669
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 8:05 PM ET
- Size
- 8.8 KB