SEC Form 4 · accession 0001402281-17-000036
Erin Energy Corp. · ERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean-Michel Malek
Officer — Interim CEO,Gen Counsel,Sec
Period of report
Apr 7, 2017
Accepted (ET)
Apr 18, 2017 · 8:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001402281
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F1 | $2.35 | Apr 7, 2017 | A | 300,000 | A | Apr 7, 2018 | Apr 7, 2022 | Common Stock | 300,000 | 433,334 | D |
Explanation of responses
- F1Options to purchase common stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. The option vests at the rate of one-third of the total shares on April 7, 2018 (100,000), April 7, 2019 (100,000), and April 7, 2020 (100,000).