4//SEC Filing
Christensen Mark Daniel 4
Accession 0001144204-18-005575
CIK 0001437557other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 9:41 PM ET
Size
9.7 KB
Accession
0001144204-18-005575
Insider Transaction Report
Form 4
Christensen Mark Daniel
Director
Transactions
- Award
Common Stock
2018-01-31+13,954→ 23,954 total - Award
Common Stock
2018-01-31+10,000→ 10,000 total - Award
Stock Option (Right to Buy)
2018-01-31+45,000→ 45,000 totalExercise: $4.30→ Common Stock (45,000 underlying)
Footnotes (4)
- [F1]Represents restricted stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan for Reporting Person's service on the Board of Directors. These shares vest over three years, with 34% vesting on the date of the first anniversary of the grant, 33% vesting on the second anniversary of the date of the grant and 33% vesting on the third anniversary of the date of the grant, subject to continued service through each vesting date.
- [F2]Represents restricted stock granted by the Issuer the Reporting Person on January 31, 2018 for Reporting Person's service on the Board of Directors.
- [F3]Represents options to purchase common stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan for Reporting Person's service on the Board of Directors, which vest, and become exercisable, in four installments. 25,000 options which vest immediately and then in three equal installments on each of January 31, 2019, January 31, 2020, and January 31, 2021, subject to service through each vesting date.
- [F4]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 typeother
Related Parties
1- filerCIK 0001716977
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 9:41 PM ET
- Size
- 9.7 KB