SEC Form 4 · accession 0001209191-18-016802
BATTALION OIL CORP · BATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Floyd C Wilson
Officer — Chairman, CEO & President
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 6:02 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 | Mar 1, 2018 | A | 250,130 | $0.00 | A | 1,668,836 | D | |
| Common StockF2 | holding | — | — | — | 6,583 | I | By Trusts | |
| Common StockF3 | holding | — | — | — | 2,403 | I | By Family Trusts | |
| Common StockF4 | holding | — | — | — | 324 | I | By Trust | |
| Common Stock | holding | — | — | — | 4,292 | I | By Spouse |
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)F5 | $5.65 | Mar 1, 2018 | A | 241,500 | A | — | Mar 1, 2028 | Common Stock | 241,500 | 241,500 | D |
Explanation of responses
- F1The restricted stock award vests in three equal annual installments beginning March 1, 2019.
- F2These 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.
- F3The 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.
- F4The shares are held in a trust for the benefit of the reporting person's grandchild 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.
- F5The option vests in three equal annual installments beginning March 1, 2019.