SEC Form 4 · accession 0001209191-15-020326
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry L Helm
Officer — EVP, Corporate Affairs
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001282648
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 26, 2015 | A | 145,246 | $0.00 | A | 343,596 | D | |
| Common Stock | Feb 27, 2015 | F | 4,682 | $1.92 | D | 338,914 | D | |
| Common Stock | Feb 28, 2015 | F | 6,944 | $1.92 | D | 331,970 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to buy)F3 | $1.97 | Feb 26, 2015 | A | 340,721 | A | — | Feb 26, 2026 | Common Stock | 340,721 | 340,721 | D |
Explanation of responses
- F1Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 27, 2014 restricted stock grant.
- F2Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 28, 2013 restricted stock grant.
- F3The option vests in three equal annual installments beginning February 26, 2016.