SEC Form 4 · accession 0001402281-16-000101
Erin Energy Corp. · ERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Jefferson Campbell
Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 6:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001402281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 25, 2016 | A | 53,333 | $0.00 | A | 203,245 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Common Stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 100% of the shares will become vested and nonforfeitable on the twelve (12) month anniversary of May 25, 2016 (the "Vesting Commencement Date"), subject to recipient's continued service as a member of the Company's Board of Directors and subject to the terms and conditions of a Restricted Stock Purchase Agreement to be entered into by and between the Company and the Grantee.
- F2The price per share is $0. The grant was valued at $2.10 per share.