4//SEC Filing
LILIS ENERGY, INC. 4
Accession 0001213900-15-002934
CIK 0001437557operating
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 8:38 PM ET
Size
14.3 KB
Accession
0001213900-15-002934
Insider Transaction Report
Form 4
RUNNELS G TYLER
Director
Transactions
- Award
Stock Option (Right to Buy)
2015-04-20+450,000→ 450,000 total(indirect: By Trust)Exercise: $1.65→ Common Stock (450,000 underlying) - Award
Common Stock
2015-04-20+100,000→ 2,753,675 total(indirect: By Trust)
Footnotes (4)
- [F1]2,653,675 of the shares are indirectly held by Reporting Person and are attributable to the The Runnels Family Trust DTD-11-2000. The Reporting Person, with Jasmine N. Runnels, is trustee of the Runnels family trust.
- [F2]Granted by Issuer in connection with Reporting Person's compensation under the non-employee director award agreements between the Issuer and Reporting Person, dated April 20, 2015.
- [F3]This option to purchase common stock vests, and becomes exercisable, in four installments. 250,000 options which vest immediately and then in three equal installments on each of April 20, 2016, April 20, 2017 and April 20, 2018.
- [F4]This option to purchase common stock expires on the ten year anniversary of the grant date.
Issuer
LILIS ENERGY, INC.
CIK 0001437557
Entity typeoperating
Related Parties
1- filerCIK 0001437557
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 8:38 PM ET
- Size
- 14.3 KB