SEC Form 4 · accession 0001209191-15-077507
ROAN RESOURCES, INC. · ROAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C Linn
Director
Period of report
Oct 28, 2015
Accepted (ET)
Oct 30, 2015 · 5:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326428
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Units representing limited liability company interestsF1 | Oct 28, 2015 | S | 350,000 | $2.5762 | D | 190,121 | D | |
| Units representing limited liability company interestsF2,F3 | Oct 29, 2015 | S | 150,000 | $2.4813 | D | 40,121 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1$2.5762 represents the weighted average price of 500,000 units sold in a single day at prices ranging from $2.50 to $2.635. The reporting person will provide full information regarding the numbers of units sold at each separate price upon request of the staff of the Securities Exchange Commission.
- F2$2.4813 represents the weighted average price of 500,000 units sold in a single day at prices ranging from $2.42 to $2.565. The reporting person will provide full information regarding the numbers of units sold at each separate price upon request of the staff of the Securities Exchange Commission.
- F3In an effort to diversify his personal investment portfolio, Mr. Linn sold a total of 500,000 units of Linn Energy, LLC. He completed these sales over the past two days.