SEC Form 4 · accession 0000899243-19-007370
ULTRA PETROLEUM CORP · UPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Jay Stratton Jr.
Officer — See Remarks
Period of report
Dec 26, 2018
Accepted (ET)
Mar 12, 2019 · 8:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022646
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 26, 2018 | X | 2,500 | $2.50 | A | 2,700 | D | |
| Common Stock | Jan 18, 2019 | X | 1,500 | $2.50 | A | 4,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Put Option (obligation to buy) | $2.50 | Dec 26, 2018 | X | 2,500 | A | Dec 26, 2018 | Jan 18, 2019 | Common Stock | 2,500 | 4,500 | D |
| Put Option (obligation to buy) | $2.50 | Jan 18, 2019 | X | 1,500 | A | Jan 18, 2019 | Jan 18, 2019 | Common Stock | 1,500 | 3,000 | D |
| Put Option (obligation to buy)F1 | — | holding | — | — | — | — | — | Common Stock | — | 3,000 | D |
Explanation of responses
- F1The Reporting Person is party to written put contracts obligating him to buy 3,000 shares of the Company's common stock, exercisable at $5.00 per share, to the holder of the put option, on January 17, 2020.
Remarks
Senior Vice President and Chief Operating Officer