SEC Form 4 · accession 0001209191-16-151511
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen W Herod
Officer — EVP, Corporate Development
Period of report
Nov 17, 2016
Accepted (ET)
Nov 21, 2016 · 8:48 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 Stock | Nov 17, 2016 | J | 22,909 | $0.00 | A | 269,324 | D | |
| Common StockF2 | holding | — | — | — | 2,749 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (Right to Buy) | $14.04 | Nov 18, 2016 | J | 6,029 | A | Sep 9, 2016 | Sep 9, 2020 | Common Stock | 6,029 | 6,029 | D |
| Employee Stock Option (Right to Buy)F3 | $9.24 | holding | — | — | — | — | Sep 12, 2026 | Common Stock | 487,500 | 487,500 | D |
Explanation of responses
- F1Pro rata distribution from Mwewe Partners LLC.
- F2The 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.
- F3The option vests in three equal annual installments beginning September 12, 2017.