SEC Form 4 · accession 0001209191-15-020350
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen W Herod
Officer — President
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 5:20 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 StockF1,F2,F3 | Feb 26, 2015 | A | 192,254 | $0.00 | A | 517,012 | D | |
| Common Stock | Feb 27, 2015 | F | 9,179 | $1.92 | D | 507,833 | D | |
| Common Stock | Feb 28, 2015 | F | 12,520 | $1.92 | D | 495,313 | D | |
| Common Stock | Mar 2, 2015 | J | 1,112 | $0.00 | A | 496,425 | D | |
| Common StockF7 | holding | — | — | — | 466,666 | I | By Trusts |
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)F8 | $1.97 | Feb 26, 2015 | A | 450,991 | A | — | Feb 26, 2025 | Common Stock | 450,991 | 450,991 | D |
Explanation of responses
- F1On January 31, 2014, Halcon Resources Corporation ("Halcon") declared a stock dividend, payable to all Series A Cumulative Perpetual Convertible Preferred Stock holders of record on February 14, 2014. As a result, the reporting person received 606 shares of Halcon stock on March 3, 2014.
- F2On May 7, 2014, Halcon declared a stock dividend, payable to all Series A Cumulative Perpetual Convertible Preferred Stock holders of record on May 15, 2014. As a result, the reporting person received 393 shares of Halcon stock on June 2, 2014.
- F3On August 6, 2014, Halcon declared a stock dividend, payable to all Series A Cumulative Perpetual Convertible Preferred Stock holders of record on August 15, 2014. As a result, the reporting person received 418 shares of Halcon stock on September 2, 2014.
- F4Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 27, 2014 restricted stock grant.
- F5Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 28, 2013 restricted stock grant.
- F6On January 30, 2015, Halcon declared a stock dividend, payable to all Series A Cumulative Perpetual Convertible Preferred Stock holders of record on February 13, 2015. As a result, the reporting person received 1,112 shares of Halcon stock on March 2, 2015.
- F7The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. The reporting person is neither the trustee nor a remainderman and the trusts are irrevocable.
- F8The option vests in three equal annual installments beginning February 26, 2016.