4//SEC Filing
LILIS ENERGY, INC. 4
Accession 0001213900-16-011798
CIK 0001437557operating
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 9:24 PM ET
Size
8.1 KB
Accession
0001213900-16-011798
Insider Transaction Report
Form 4
Dawson R Glenn
Director
Transactions
- Purchase
Warrant (Right to Buy)
2016-01-18+200,000→ 200,000 totalExercise: $0.25From: 2016-03-18Exp: 2019-03-18→ Common Stock (200,000 underlying) - Purchase
Subordinated Convertible Note
2016-01-18→ 100,000 totalExercise: $0.50From: 2016-03-18→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The Subordinated Convertible Note (the "Note") accrues interest at a rate of 12% per annum and matures on April 1, 2017. The outstanding principal and accrued interest on the Note can be converted at any time, subject to stockholder approval prior to repayment of the Note.
- [F2]A warrant to purchase 200,000 shares of common stock was issued by the Company as additional consideration for the purchase price of the Note.
Documents
Issuer
LILIS ENERGY, INC.
CIK 0001437557
Entity typeoperating
Related Parties
1- filerCIK 0001437557
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 9:24 PM ET
- Size
- 8.1 KB