LILIS ENERGY, INC. 4
4 · LILIS ENERGY, INC. · Filed Apr 7, 2015
Insider Transaction Report
Form 4
Fuchs Ariella S
General Counsel
Transactions
- Award
Stock Option (Right to Buy)
2015-03-16+300,000→ 300,000 totalExercise: $0.96→ Common Stock (300,000 underlying) - Award
Common Stock
2015-03-16+50,000→ 50,000 total
Footnotes (3)
- [F1]Granted by Issuer in connection with Reporting Person's compensation under the Employment Agreement between the Issuer and Reporting Person, dated March 16, 2015.
- [F2]This option to purchase common stock vests, and becomes exercisable, in three equal installments on each of March 16, 2016, March 16, 2017 and March 16, 2018.
- [F3]This option to purchase common stock expires upon the earlier of (a) five (5) years from the date the options vest and become exercisable or (b) March 16, 2025.