Kovalik Edward 4

4 · Rosehill Resources Inc. · Filed Nov 13, 2017

Form 4

Period: 2017-11-08

DirectorPRESIDENT10% Owner

Transactions

Other
Class A Common Stock
2017-11-08−1,431,291→ 1,340,621 total(indirect: See footnote)
Other
Warrants
2017-11-08−4,994,603→ 2,118,547 total(indirect: See footnote)
Exercise: $11.50→ Class A Common Stock (4,994,603 underlying)
Other
8% Series A Cumulative Perpetual Preferred Stock
2017-11-08−1,293→ 984 total(indirect: See footnote)
→ Class A Common Stock (1,293 underlying)

Holdings

Footnotes (6)

[F1]In accordance with the Second Amended and Restated Limited Liability Company Agreement of KLR Energy Sponsor, LLC ("Sponsor"), Sponsor made a pro-rata, in-kind distribution of 1,845,892 shares of Class A common stock, 7,113,150 warrants and 2,277 shares of the 8% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock") to its members.
[F2]KLR Group Investments, LLC ("KLR Investments") is a member of Sponsor and received 414,601 shares of Class A Common Stock, 2,118,547 warrants and 984 shares of the Series A Preferred Stock in the distribution.
[F3]KLR Investments is the managing member of Sponsor. Mr. Kovalik is the managing member of KLR Group Holdings, LLC, which owns 100% of KLR Investments.
[F4]The warrants became exercisable for Class A Common Stock on May 27, 2017 and will expire on April 27, 2022.
[F5]The Series A Preferred Stock is convertible into Class A Common Stock at any time.
[F6]Each share of Series A Preferred Stock is convertible into 86.9565 shares of Class A Common Stock and has no expiration.

Documents

1 file