SEC Form 4 · accession 0001209191-17-064788
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
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 5:32 pm EST
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 StockF1,F2 | Dec 6, 2017 | A | 150,000 | — | A | 200,000 | D | |
| Class A Common StockF3 | holding | — | — | — | 192,798 | I | By Azure Energy, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This restricted stock award unit vests as to 50,000 units on April 30, 2018 and the remaining 100,000 units will vest in eight equal quarterly installments beginning on June 30, 2018, 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.
- F2Includes a restricted stock unit award that vests as to 8,333 units on December 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.
- F3The 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.