SEC Form 4 · accession 0001402281-17-000088
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
Jun 7, 2017
Accepted (ET)
Jun 8, 2017 · 6:27 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 | Jun 7, 2017 | F | 6,176 | $1.75 | D | 8,408 | D | |
| Common StockF2 | Jun 7, 2017 | F | 17,585 | $1.75 | D | 23,939 | D | |
| Common StockF3 | Jun 7, 2017 | F | 9,874 | $1.75 | D | 13,443 | 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 immediate vesting of 14,584 shares of Common Stock on June 7, 2017, with the remaining 6,176 shares being retained by the Issuer to pay the tax withholding requirements arising from the net share settlement of the restricted stock grant.
- F2Reporting person received 23,939 shares of the Issuer's Common Stock upon net share settlement in connection with the immediate vesting of 41,524 shares of Common Stock on June 7, 2017, with the remaining 17,585 shares being retained by the Issuer to pay the tax withholding requirements arising from the net share settlement of the common stock grant.
- F3Reporting person received 13,443 shares of the Issuer's Common Stock upon net share settlement in connection with the immediate vesting of 23,317 shares of Common Stock on June 7, 2017, with the remaining 9,874 shares being retained by the Issuer to pay the tax withholding requirements arising from the net share settlement of the common stock grant.