Dawson R Glenn 4
4 · LILIS ENERGY, INC. · Filed Jun 22, 2018
Insider Transaction Report
Form 4
Dawson R Glenn
Director
Transactions
- Exercise of In-Money
Warrant (Right to Buy)
2018-05-18−68,182→ 0 totalExercise: $2.50From: 2017-05-03Exp: 2018-05-18→ Common Stock (68,182 underlying) - Exercise of In-Money
Common Stock
2018-05-18$2.50/sh+145,001$362,503→ 795,579 total - Tax Payment
Common Stock
2018-05-18$4.43/sh−81,829$362,502→ 713,750 total - Exercise of In-Money
Warrants (Right to Buy)
2018-05-18−20,000→ 0 totalExercise: $2.50From: 2016-03-18Exp: 2018-05-18→ Common Stock (20,000 underlying) - Exercise of In-Money
Warrants (Right to Buy)
2018-05-18−56,819→ 0 totalExercise: $2.50From: 2016-08-24Exp: 2018-05-18→ Common Stock (56,819 underlying)
Footnotes (1)
- [F1]On May 18, 2018, the reporting person provided notice of exercise of his warrant to purchase 145,001 shares of 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 81,829 shares to pay the exercise price.