Kelley Russell T JR 4
4 · Extraction Oil & Gas, Inc. · Filed Jan 18, 2018
Insider Transaction Report
Form 4
Kelley Russell T JR
Chief Financial Officer
Transactions
- Tax Payment
COMMON STOCK
2018-01-16$14.16/sh−35,784$506,701→ 1,607,777 total - Other
COMMON STOCK
2018-01-17$14.41/sh−498,725$7,186,627→ 1,712,045 total(indirect: See Footnote (2))
Footnotes (2)
- [F1]As previously disclosed, this represents the vesting of restricted stock units previously awarded to certain employees and the subsequent distribution of common stock to such employees in connection therewith.
- [F2]These shares are owned by Extraction Employee Incentive, LLC, an entity in which the reporting person owns a membership interest. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.