SEC Form 4 · accession 0001402281-17-000106
Erin Energy Corp. · ERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heidi Wong
Officer — SVP, Corporate Services
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 4:25 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 | Sep 8, 2017 | M | 3,232 | $3.325 | A | 480,596 | D | |
| Common StockF2 | Sep 8, 2017 | M | 65,512 | $3.325 | A | 546,108 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $1.56 | Sep 8, 2017 | M | 6,087 | A | Dec 9, 2009 | Dec 9, 2018 | Common Stock | 3,232 | 360,809 | D |
| Common Stock | $1.74 | Sep 8, 2017 | M | 137,429 | A | Aug 21, 2014 | Aug 21, 2018 | Common Stock | 137,429 | 223,380 | D |
Explanation of responses
- F1Reporting person received 3,232 shares of the Issuer's Common stock upon net share settlement of Reporting Person's exercise of options to purchase 6,087 shares of Issuer's Common stock, with the remaining 2,855 shares being retained by the Issuer to pay the exercise price arising from the exercise.
- F2Reporting person received 65,512 shares of the Issuer's Common stock upon net share settlement of Reporting Person's exercise of options to purchase 137,429 shares of Issuer's Common stock, with the remaining 71,917 shares being retained by the Issuer to pay the exercise price arising from the exercise.