4//SEC Filing
STONE ENERGY CORP 4
Accession 0001209191-17-016284
CIK 0000904080operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 10:32 AM ET
Size
22.5 KB
Accession
0001209191-17-016284
Insider Transaction Report
Form 4
ZIEGLER FLORENCE M
VP - Human Resources
Transactions
- Other
Warrants
2017-03-01+124→ 124 total(indirect: By Daughter)Exercise: $42.04Exp: 2021-03-01→ Common stock, $0.01 par value (124 underlying) - Other
Common stock, $0.01 par value
2017-02-28−5,698→ 0 total - Other
Common stock, $0.01 par value
2017-02-28−200→ 0 total(indirect: By Daughter) - Other
Common stock, $0.01 par value
2017-03-01+35→ 35 total(indirect: By Daughter) - Other
Common stock, $0.01 par value
2017-03-01+35→ 35 total(indirect: By Son) - Other
Common stock, $0.01 par value
2017-02-28−200→ 0 total(indirect: By Son) - Other
Common stock, $0.01 par value
2017-03-01+1,005→ 1,005 total - Other
Warrants
2017-03-01+3,545→ 3,545 totalExercise: $42.04Exp: 2021-03-01→ Common stock, $0.01 par value (3,545 underlying) - Other
Warrants
2017-03-01+124→ 124 total(indirect: By Son)Exercise: $42.04Exp: 2021-03-01→ Common stock, $0.01 par value (124 underlying)
Footnotes (4)
- [F1]On December 14, 2016, the Issuer and certain of its subsidiaries (the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code (the "Bankruptcy Code"). On February 15, 2017, the Bankruptcy Court entered an order confirming the Debtor's Second Amended Joint Prepackaged Plan of Reorganization, dated December 28, 2016 (the "Plan") and on February 28, 2017 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. On the Effective Date, all outstanding shares of the Issuer's common stock (the "Old Common Stock") were cancelled and extinguished.
- [F2]New shares of the Issuer's common stock, par value $0.01 per share (the "New Shares") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date under the Plan. The Reporting Person received 1 New Share for every 5.674558 shares of Old Common Stock held by the Reporting Person on the Effective Date of the Plan. Included in the New Shares are 90 shares of restricted stock that vest January 15, 2018. The receipt of New Shares was involuntary, without consideration and in accordance with the Plan approved by the Bankruptcy Court.
- [F3]New shares of the Issuer's common stock, par value $0.01 per share (the "New Shares") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date under the Plan. The Reporting Person received 1 New Share for every 5.674558 shares of Old Common Stock held by the Reporting Person on the Effective Date of the Plan. The receipt of New Shares was involuntary, without consideration and in accordance with the Plan approved by the Bankruptcy Court.
- [F4]Pursuant to the Plan, the Reporting Person received 3.529412 warrants for each New Common Share. The warrants may be exercised any time prior to the expiration date, unless terminated earlier by their terms upon the consummation of certain business combinations or sale transactions involving the issuer. The receipt of the warrants was involuntary and without consideration.
Documents
Issuer
STONE ENERGY CORP
CIK 0000904080
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000904080
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 10:32 AM ET
- Size
- 22.5 KB