Home/Filings/4/0001354488-15-001945
4//SEC Filing

EARTHSTONE ENERGY INC 4

Accession 0001354488-15-001945

CIK 0000010254operating

Filed

Apr 27, 8:00 PM ET

Accepted

Apr 28, 4:06 PM ET

Size

14.9 KB

Accession

0001354488-15-001945

Insider Transaction Report

Form 4
Period: 2014-12-19
Transactions
  • Exercise/Conversion

    Common Stock

    2014-12-19+1,4506,445 total
  • Exercise/Conversion

    Common Stock

    2014-12-19+5474,995 total
  • Exercise/Conversion

    Restricted Stock Award

    2014-12-191,6790 total
    Common Stock (1,679 underlying)
  • Exercise/Conversion

    Common Stock

    2014-12-19+1,6798,124 total
  • Exercise/Conversion

    Restricted Stock Award

    2014-12-195470 total
    Common Stock (547 underlying)
  • Exercise/Conversion

    Restricted Stock Award

    2014-12-191,4500 total
    Common Stock (1,450 underlying)
Footnotes (4)
  • [F1]Each share of restricted stock represents the contingent right to receive one share of Earthstone Energy, Inc. (Issuer) common stock.
  • [F2]On April 11, 2012, the Reporting Person was granted a restricted stock award that vested in three annual installments: 548 shares on April 1, 2013, 548 shares on April 1, 2014, and 547 shares on April 1, 2015. The restricted stock award became fully vested pursuant to its terms upon a change of control as occurred on December 19, 2014, pursuant to (i) the closing of the Exchange Agreement dated May 15, 2014 and as amended September 26, 2014 (Exchange Agreement) between the Issuer and Oak Valley Resources, LLC (Oak Valley); and (ii) the closing of the Contribution Agreement dated October 16, 2014 (Contribution Agreement), by and among the Issuer, Oak Valley, Sabine River Energy, LLC, Oak Valley Operating, LLC, Parallel Resource Partners, LLC, and Flatonia Energy, LLC.
  • [F3]On April 1, 2013, the Reporting Person was granted a restricted stock award vesting in three annual installments: 725 shares on April 1, 2014, 725 shares on April 1, 2015, and 725 shares on April 1, 2016. The restricted stock award became fully vested pursuant to its terms upon a change of control as occurred on December 19, 2014, pursuant to (i) the closing of the Exchange Agreement, and (ii) the closing of the Contribution Agreement.
  • [F4]On June 16, 2014, the Reporting Person was granted a restricted stock award vesting in three annual installments: 560 shares on April 1, 2015, 560 shares on April 1, 2016, and 559 shares on April 1, 2017. The restricted stock award became fully vested pursuant to its terms upon a change of control as occurred on December 19, 2014, pursuant to (i) the closing of the Exchange Agreement, and (ii) the closing of the Contribution Agreement.

Issuer

EARTHSTONE ENERGY INC

CIK 0000010254

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000010254

Filing Metadata

Form type
4
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 4:06 PM ET
Size
14.9 KB