SEC Form 4 · accession 0001209191-16-104002
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles E Cusack III
Officer — EVP, Chief Operating Officer
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 4:48 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 StockF2 | Feb 26, 2016 | F | 3,576 | $0.4911 | D | 196,419 | D | |
| Common StockF2 | Feb 27, 2016 | F | 1,308 | $0.4911 | D | 195,111 | D | |
| Common StockF2 | Feb 28, 2016 | F | 1,494 | $0.4911 | D | 193,617 | D | |
| Common StockF2,F5 | holding | — | — | — | 4,000 | I | By LP | |
| Common StockF2,F6 | holding | — | — | — | 4,667 | I | By Cusack Ranch Corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 26, 2015 restricted stock grant.
- F2This amount represents the number of shares calculated after taking into account a 1-for-5 reverse stock split which was consummated on December 28, 2015.
- F3Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 27, 2014 restricted stock grant.
- F4Represents shares withheld to satisfy withholding taxes applicable upon vesting of the February 28, 2013 restricted stock grant.
- F5Shares owned by a family limited partnership of which the reporting person and his spouse are general partners. The reporting person disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
- F6The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.