SEC Form 4 · accession 0001437749-15-009574
Erin Energy Corp. · ERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Nicolas J Evanoff
Officer — General Counsel SR VP
Period of report
Apr 21, 2015
Accepted (ET)
May 8, 2015 · 5:04 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,F3 | Apr 21, 2015 | S | 8,918 | $4.5312 | D | 354,998 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the April 8, 2015 vesting of Restricted Common stock granted to Reporting Person on April 8, 2013 pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. This sale is made to satisfy the tax withholding obligations funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- F2Reporting person sold these shares pursuant to a Rule 10b5-1 plan at an average price of $4.5312.
- F3The aggregate total is adjusted to reflect a six-to-one reverse stock split of the Company's common stock which became effective on April 22, 2015.