4//SEC Filing
Brushy Resources, Inc. 4
Accession 0001140361-16-070909
CIK 0001554970operating
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 5:43 PM ET
Size
5.6 KB
Accession
0001140361-16-070909
Insider Transaction Report
Form 4
Pawelek Michael J
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2016-06-23−116,550→ 0 total
Footnotes (1)
- [F1]These shares were disposed of upon the completion of the merger in accordance with the Agreement and Plan of Merger, dated as of December 29, 2015, as amended on January 20, 2016, March 24, 2016 and June 22, 2016, by and among the Issuer, Lilis Energy, Inc., and Lilis Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, on June 23, 2016, Lilis Merger Sub, Inc. was merged (the "Merger") with and into the Issuer and each share of the Issuer's common stock was converted into the right to receive 4.550916 shares of common stock of Lilis Energy, Inc. In accordance with the Merger Agreement, the reporting person resigned as a Chief Executive Officer and Director of the Issuer effective as of the effective time of the Merger.
Documents
Issuer
Brushy Resources, Inc.
CIK 0001554970
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001554970
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 5:43 PM ET
- Size
- 5.6 KB