SEC Form 4/A · accession 0001209191-16-142453
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
David S Elkouri
Officer — EVP and CLO
Period of report
Sep 12, 2016
Accepted (ET)
Sep 22, 2016 · 4:18 pm EDT
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 | holding | — | — | — | 246,299 | D | ||
| Common Stock | holding | — | — | — | 177 | I | By IRA | |
| Common Stock | holding | — | — | — | 88 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2 | $9.24 | Sep 12, 2016 | A | 487,500 | A | — | Sep 12, 2026 | Common Stock | 487,500 | 487,500 | D |
Explanation of responses
- F1In accordance with the Plan approved by the Bankruptcy Court, the exercise price of the Options on was determined after the market closed on September 20, 2016. All other details of the Option grant were reported to the Securities and Exchange Commission on September 13, 2016.
- F2The option vests in three equal annual installments beginning September 12, 2017.