LILIS ENERGY, INC. 4
4 · LILIS ENERGY, INC. · Filed Feb 2, 2017
Insider Transaction Report
Form 4
Dawson R Glenn
Director
Transactions
- Award
Common Stock
2017-01-31+107,084→ 440,861 total - Conversion
Common Stock
2017-01-30+117,822→ 333,777 total - Conversion
Series B 6% Convertible Preferred Stock
2017-01-30−125→ 0 total→ Common Stock (117,822 underlying)
Footnotes (4)
- [F1]The Series B 6% Convertible Preferred Stock held by the Reporting Person were converted in full into Lilis Energy, Inc. common stock at $1.10 on January 30, 2017 and had no expiration date.
- [F2]Represents restricted stock granted by the Issuer to the Reporting Person on January 31, 2017 for Reporting Person's service on the Board of Directors.
- [F3]Includes 3,334 Restricted Stock Units (RSU's) that vested on January 13, 2017.
- [F4]The amount of underlying derivative securities takes into account the increased stated value of the Series B 6% Convertible Preferred Stock due to accrued and cumulative dividends.