4//SEC Filing
LILIS ENERGY, INC. 4
Accession 0001144204-17-006776
CIK 0001437557operating
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 5:03 PM ET
Size
7.8 KB
Accession
0001144204-17-006776
Insider Transaction Report
Form 4
Short Brennan Dane
Chief Operating Officer
Transactions
- Award
Common Stock
2017-01-27+75,000→ 75,000 total - Award
Stock Option (Right to Buy)
2017-01-27+250,000→ 250,000 totalExercise: $4.35→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]Represents restricted stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan. This restricted stock award vests over two years, with 34% vesting on the date of the grant, 33% vesting on the first anniversary of the date of the grant and 33% vesting on the second anniversary of the date of the grant, subject to continued service through each vesting date.
- [F2]Represents options to purchase common stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan. This option vests over two years, with 34% vesting on the date of the grant, 33% vesting on the first anniversary of the date of the grant and 33% vesting on the second anniversary of the date of the grant, subject to continued service through each vesting date.
- [F3]This option to purchase common stock expires ten years from the date the options first vest and become exercisable.
Documents
Issuer
LILIS ENERGY, INC.
CIK 0001437557
Entity typeoperating
Related Parties
1- filerCIK 0001437557
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 5:03 PM ET
- Size
- 7.8 KB