SEC Form 4 · accession 0001209191-17-033657
EARTHSTONE ENERGY INC · ESTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zachary G. Urban
Director
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000010254
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | May 9, 2017 | J | 9,000 | — | D | 0 | D | |
| Class A Common StockF2,F1 | May 9, 2017 | J | 9,000 | — | A | 9,000 | D | |
| Class A Common StockF3 | May 16, 2017 | J | 3,415 | — | A | 12,415 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock, $0.001 par value per share, was reclassified into one share of Class A Common Stock, $0.001 par value per share.
- F2Includes a restricted stock unit award that vests as to 4,000 units in eight equal monthly installments with the next vesting date on May 31, 2017, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock of the Issuer.
- F3Represents 3,415 shares of Class A Common Stock distributed to the reporting person as part of a pro rata distribution by Oak Valley Resources, LLC to its members for no consideration.