HALCON RESOURCES CORP 4
4 · HALCON RESOURCES CORP · Filed Apr 13, 2017
Insider Transaction Report
Form 4
WILSON FLOYD C
DirectorChairman and CEO
Transactions
- Award
Common Stock
2017-04-11+310,415→ 1,418,706 total - Award
Employee Stock Option (Right to Buy)
2017-04-11+620,835→ 620,835 totalExercise: $7.75Exp: 2027-04-11→ Common Stock (620,835 underlying)
Holdings
- 2,403(indirect: By Trust)
Common Stock
- 324(indirect: By Trust)
Common Stock
- 4,292(indirect: By Spouse)
Common Stock
- 6,583(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Pursuant to the certain Joint Prepackaged Chapter 11 Plan Under Chapter 11 of the Bankruptcy Code, dated as of September 2, 2016 (the "Plan") which became effective pursuant to its terms on September 9, 2016, the Reporting Person received an award of restricted stock in accordance with the terms of the Plan. The restricted stock award will vest fully in one installment on September 12, 2017.
- [F2]These shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F3]The shares are held in seventeen trusts for the benefit of family members for which the reporting person serves as the trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F4]The shares are held in a trust for the benefit of the reporting person's grandchild for which the reporting person serves as the trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F5]Pursuant to that certain Joint Prepackaged Chapter 11 Plan Under Chapter 11 of the Bankruptcy Code, dated as of September 2, 2016 (the "Plan") which became effective pursuant to its terms on September 9, 2016, the Reporting Person received stock options granted in accordance with the terms of the Plan. The stock options will vest fully in three equal annual installments beginning on April 11, 2018.