Christensen Mark Daniel 4
4 · LILIS ENERGY, INC. · Filed Sep 17, 2018
Insider Transaction Report
Form 4
Christensen Mark Daniel
Director
Transactions
- Exercise of In-Money
Common Stock
2018-09-13$1.30/sh+220,000$286,000→ 677,143 total(indirect: See Footnote) - Exercise of In-Money
Warrant (right to buy)
2018-09-13−220,000→ 0 total(indirect: See Footnote)Exercise: $1.30From: 2016-09-17Exp: 2018-09-17→ Common Stock (220,000 underlying) - Sale
Common Stock
2018-09-13$5.41/sh−52,865$286,000→ 624,278 total(indirect: See Footnote)
Holdings
- 179,347(indirect: See Footnote)
Common Stock
- 23,954
Common Stock
- 1,138,446(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]These securities are held indirectly for the benefit of KES 7 Capital Inc., for which Reporting Person is the natural person with ultimate voting and dispositive power.
- [F2]On September 13, 2018, the Reporting Person provided notice of exercise of warrants to purchase 220,000 shares of common stock for $1.30 per share on a cashless basis. Issuer executed the transaction on September 13, 2018, based on September 12, 2018 stock prices, resulting in issuer withholding 52,865 shares to pay the exercise price.
- [F3]These securities are held indirectly by Trace Capital Inc. for which the Reporting Person's wife is the natural person with sole voting and dispositive power.
- [F4]These securities referenced are held indirectly through Christensen GM&P Holding Corp., for which Reporting Person is the natural person with ultimate voting and dispositive power.
- [F5]These securities are held by KES 7 Capital Inc., for which Reporting Person is the natural person with ultimate voting and dispositive power.