SEC Form 4 · accession 0001209191-17-048800
EARTHSTONE ENERGY INC · ESTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Alan Lodzinski
Officer — CEO · Director
Period of report
May 22, 2017
Accepted (ET)
Aug 14, 2017 · 5:44 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 22, 2017 | G | 8,334 | $0.00 | D | 66,666 | D | |
| Class A Common StockF2 | May 22, 2017 | G | 8,334 | $0.00 | A | 176,132 | I | By Azure Energy, LLC |
| Class A Common StockF3 | Aug 6, 2017 | G | 16,666 | $0.00 | D | 50,000 | D | |
| Class A Common StockF2 | Aug 6, 2017 | G | 16,666 | $0.00 | A | 192,798 | I | By Azure Energy, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction involved a gift of securities by the reporting person to Azure Energy, LLC.
- F2The reporting person disclaims beneficial ownership of any shares of the Issuer's Class A Common Stock held by Azure Energy, LLC, except to the extent of his pecuniary interest therein.
- F3Includes a restricted stock unit award that vests as to 41,667 units in five equal monthly installments with the next vesting date on August 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.