SEC Form 4 · accession 0001209191-18-016806
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
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 | 117,250 | $0.00 | A | 435,814 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F3 | $5.65 | Mar 1, 2018 | A | 113,200 | A | — | Mar 1, 2028 | Common Stock | 113,200 | 113,200 | D |
Explanation of responses
- F1The restricted stock award vests in three equal annual installments beginning March 1, 2019.
- 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 March 1, 2019.