HALCON RESOURCES CORP 4
4 · HALCON RESOURCES CORP · Filed Apr 13, 2017
Insider Transaction Report
Form 4
Obut Tina S
VP, Corporate Reserves
Transactions
- Award
Common Stock
2017-04-11+12,500→ 58,665 total - Award
Employee Stock Options (Right to Buy)
2017-04-11+25,000→ 25,000 totalExercise: $7.75Exp: 2027-04-11→ Common Stock (25,000 underlying)
Footnotes (2)
- [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]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.