SEC Form 4 · accession 0001209191-15-086256
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Floyd C Wilson
Officer — Chairman and CEO
Period of report
Dec 18, 2015
Accepted (ET)
Dec 21, 2015 · 8:05 am 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 | Dec 18, 2015 | P | 500,000 | $0.261 | A | 5,277,244 | D | |
| Common StockF3 | holding | — | — | — | 116,805 | I | By Trusts | |
| Common StockF4 | holding | — | — | — | 408,000 | I | By Family Trusts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices $0.2343 to $0.27, inclusive. The reporting person undertakes to provide to Halcon Resources Corporation, any security holder of Halcon Resources Corporation, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2On May 4, 2015, Halcon declared a stock dividend, payable to all Series A Cumulative Perpetual Convertible Preferred Stock holders of record on May 15, 2015. As a result, the reporting person received 12,437 shares of Halcon stock on June 1, 2015.
- F3These shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts. The 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.
- F4The shares are held in seventeen trusts for the benefit of family members for which the reporting person serves as the trustee. The 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.