4//SEC Filing
Bonanza Creek Energy, Inc. 4
Accession 0001179110-13-011537
$CIVICIK 0001509589operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 5:26 PM ET
Size
11.7 KB
Accession
0001179110-13-011537
Insider Transaction Report
Form 4
Starzer Michael R
DirectorPresident & CEO
Transactions
- Other
Common Stock
2013-06-28−1,602,753→ 0 total(indirect: By LLC) - Other
Common Stock
2013-06-28+154,287→ 546,244 total - Sale
Common Stock
2013-07-01$35.56/sh−100,000$3,556,000→ 446,244 total
Holdings
- 8,303
Performance Shares
Exp: 2015-12-31→ Common Stock (8,303 underlying) - 98,067(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Represents shares formerly held by Bonanza Creek Oil Company, LLC ("BCOC"), of which Mr. Starzer is a member and serves as a co-manager, distributed to members of BCOC, including 154,287 shares distributed to Mr. Starzer (see note (2)). In prior reports, Mr. Starzer reported beneficial ownership of all of these shares as a co-manager of BCOC.
- [F2]Represents previously issued and outstanding shares held by BCOC, of which Mr. Starzer is a member and co-manager, and distributed by BCOC to Mr. Starzer and the other members of BCOC based on each such member's respective ownership interest in BCOC. In prior reports, Mr. Starzer reported beneficial ownership of these shares, together with all other shares held by BCOC, as a co-manager of BCOC.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.05 to $35.81, inclusive. The reporting person undertakes to provide Bonanza Creek Energy, Inc., any security holder of Bonanza Creek Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each seperate price within the range set forth in this footnote to this Form 4.
- [F4]The sales reported on this Form 4 were effected pursuant to a Rule 10b-5-1 trading plan adopted by the reporting person.
- [F5]Includes (i) 345,210 shares of common stock and (ii) 101,034 shares of restricted common stock subject to vesting.
- [F6]Each performance share represents a contingent right to receive 0-200% of that number of shares of common stock. The amount listed represents what the Reporting Person would recieve at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.
Documents
Issuer
Bonanza Creek Energy, Inc.
CIK 0001509589
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001509589
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 5:26 PM ET
- Size
- 11.7 KB