Bonanza Creek Energy, Inc. 4
4 · Bonanza Creek Energy, Inc. · Filed Jan 29, 2014
Insider Transaction Report
Form 4
Starzer Michael R
DirectorPresident & CEO
Transactions
- Other
Common Stock
2014-01-16+184→ 421,428 total
Holdings
- 98,067(indirect: By Trust)
Common Stock
- 8,303
Performance Shares
Exp: 2015-12-31→ Common Stock (8,303 underlying)
Footnotes (3)
- [F1]Represents previously issued and outstanding shares held by Bonanza Creek Oil Company, LLC ("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.
- [F2]Includes (i) 313,366 shares of common stock and (ii) 108,062 shares of restricted common stock subject to vesting.
- [F3]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.