SEC Form 4 · accession 0001335190-16-000113
MAGNUM HUNTER RESOURCES CORP · MHRCQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary C Evans
Officer — Chairman and CEO · Director
Period of report
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 8:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001335190
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1 | Jan 8, 2016 | J | 99,000 | $0.00 | D | 3,656,786 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 35,271 | I | By 401(k) plan | |
| Common Stock, $0.01 par valueF2 | holding | — | — | — | 88,522 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 8, 2014, the Reporting Person was granted shares of restricted common stock of the Issuer pursuant to the Issuer's Stock Incentive Plan. The shares were scheduled to vest in three substantially equal tranches on January 8, 2015, January 8, 2016 and January 8, 2017. The grant was reported by the Reporting Peron on a Form 4 filed with the Securities and Exchange Commission on January 10, 2014. The Reporting Person waived vesting of the tranche of restricted common stock scheduled to vest on January 8, 2016. Accordingly, the waived shares were forfeited by the Reporting Person and cancelled by the Issuer.
- F2Represents 52,022 shares held in the Reporting Person's individual retirement account; 35,000 shares held by Investment Hunter, LLC, a company wholly-owned by the Reporting Person; and 1,500 shares held by the Reporting Person's daughter.