4//SEC Filing
EARTHSTONE ENERGY INC 4
Accession 0001354488-15-001953
CIK 0000010254operating
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 4:14 PM ET
Size
11.2 KB
Accession
0001354488-15-001953
Insider Transaction Report
Form 4
SINGLETON RAY J JR
DirectorCEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2014-12-19+1,078→ 453,002 total - Exercise/Conversion
Common Stock
2014-12-19+886→ 451,924 total - Exercise/Conversion
Restricted Stock Award
2014-12-19−886→ 0 total→ Common Stock (886 underlying) - Exercise/Conversion
Restricted Stock Award
2014-12-19−1,078→ 0 total→ Common Stock (1,078 underlying)
Footnotes (3)
- [F1]Each share of restricted stock represents the contingent right to receive one share of Earthstone Energy, Inc. (Issuer) common stock.
- [F2]On May 21, 2013, the Reporting Person was granted a restricted stock award that vesting in three annual installments: 443 shares on April 1, 2014, 443 shares on April 1, 2015, and 443 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 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, 2014, the Reporting Person was granted a restricted stock award vesting in three annual installments: 360 shares on April 1, 2015, 359 shares on April 1, 2016, and 359 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.
Documents
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, 4:14 PM ET
- Size
- 11.2 KB