SEC Form 4 · accession 0001209191-17-033954
EARTHSTONE ENERGY INC · ESTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert John Anderson
Officer — EVP
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 4:44 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 | 75,000 | — | D | 0 | D | |
| Class A Common StockF2,F1 | May 9, 2017 | J | 75,000 | — | A | 75,000 | D | |
| Class A Common Stock | May 17, 2017 | J | 25,613 | $0.00 | A | 100,613 | 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 33,333 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 25,613 shares of Class A Common Stock distributed to the reporting person as part of a pro rata distribution by Oak Valley Management, LLC to its members for no consideration. Oak Valley Management, LLC received the shares pursuant to a pro rata distribution by Oak Valley Resources, LLC to its members for no consideration.