4//SEC Filing
Steinsberger Nicholas 4
Accession 0001437557-19-000014
CIK 0001437557other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 4:27 PM ET
Size
10.8 KB
Accession
0001437557-19-000014
Insider Transaction Report
Form 4
Steinsberger Nicholas
Director
Transactions
- Award
Common Stock
2019-02-11$2.17/sh+10,000$21,700→ 20,000 total - Award
Common Stock
2019-02-11$2.17/sh+40,323$87,501→ 60,323 total - Award
Common Stock
2019-02-11$2.17/sh+6,912$14,999→ 67,235 total - Award
Stock Option (Right to Buy)
2019-02-11+45,000→ 45,000 totalExercise: $2.17→ Common Stock (45,000 underlying)
Footnotes (4)
- [F1]Represents restricted stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan for Reporting Person's service on the Board of Directors. These shares vest over three years, with 34% vesting on the first anniversary of the date of the grant, 33% vesting on the second anniversary of the date of the grant, and 33% vesting on the third anniversary of the date of the grant, subject to continued service through each vesting date.
- [F2]Represents restricted stock granted by the Issuer to the Reporting Person on January 31, 2019 for the Reporting Person's service on the Board of Directors.
- [F3]Represents option to purchase common stock granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan for Reporting Person's service on the Board of Directors, which vest, and become exercisable, in four installments: 25,000 options which vest immediately, and then in three equal installments on each of January 31, 2020, January 31, 2021, and January 31, 2022, subject to continued service through each vesting date.
- [F4]This option to purchase common stock expires ten years from the date the options first vest and become exercisable.
Documents
Issuer
LILIS ENERGY, INC.
CIK 0001437557
Entity typeother
Related Parties
1- filerCIK 0001561897
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 4:27 PM ET
- Size
- 10.8 KB