SEC Form 4 · accession 0001402281-16-000163
Erin Energy Corp. · ERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean-Michel Malek
Officer — SVP, General Counsel&Secretary
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 6:04 pm EST
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 | Nov 16, 2016 | F | 6,175 | $2.35 | D | 189,088 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting person received 8,408 shares of the Issuer's Common Stock upon net share settlement in connection with the November 16, 2016 vesting of 14,583 Restricted Common Stock shares granted to Reporting Person on November 16, 2015, with the remaining 6,175 shares being purchased and retained by the Issuer, with the proceeds used to pay tax withholding obligations in connection with the net share settlement of the restricted stock grant.