BRANDOLINI NUNO 4
4 · LILIS ENERGY, INC. · Filed Jun 22, 2018
Insider Transaction Report
Form 4
BRANDOLINI NUNO
Director
Transactions
- Exercise of In-Money
Common Stock
2018-05-18$2.50/sh+60,000$150,000→ 609,445 total - Exercise of In-Money
Warrants (Right to Buy)
2018-05-18−60,000→ 0 totalExercise: $2.50From: 2016-01-05Exp: 2018-05-18→ Common Stock (60,000 underlying) - Tax Payment
Common Stock
2018-05-18$4.43/sh−33,860$150,000→ 575,585 total
Footnotes (1)
- [F1]On May, 18, 2018, the reporting person provided notice of exercise of his warrant to purchase 60,000 shares of LLEX common stock for $2.50 a share on a cashless basis. Issuer executed the transaction on May 18, 2018 based on May 17, 2018 stock prices resulting in LLEX withholding 33,860 shares to pay the exercise price.