LILIS ENERGY, INC. 4
4 · LILIS ENERGY, INC. · Filed Dec 19, 2016
Insider Transaction Report
Form 4
Fuchs Ariella S
General Counsel
Transactions
- Award
Stock Option (Right to Buy)
2016-12-15+375,000→ 375,000 totalExercise: $2.98Exp: 2026-12-15→ Common Stock (375,000 underlying)
Footnotes (1)
- [F1]Represents options to purchase common stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan. This option vests over two years, with 34% vesting on the date of the grant, 33% vesting on the first anniversary of the date of the grant and 33% vesting on the second anniversary of the date of the grant, subject to continued service through each vesting date.