SEC Form 4 · accession 0001413507-19-000045
SRC Energy Inc. · SRCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cathleen M Osborn
Officer — EVP, General Counsel
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 6:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001413507
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2019 | M | 52,500 | $0.00 | A | 231,732 | D | |
| Common StockF2 | Feb 5, 2019 | F | 15,733 | $0.00 | D | 215,999 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3 | $0.00 | Feb 5, 2019 | M | 52,500 | D | — | Dec 31, 2018 | Common Stock | 52,500 | 0 | D |
Explanation of responses
- F1Vesting to reporting person of common stock under performance share awards granted pursuant to the Company's 2016 Long Term Incentive Plan
- F2To satisfy tax withholding obligation related to vesting of performance share units.
- F3Each Performance Share Unit represented a contingent right to receive a share of Company Common Stock based upon the price of the common stock compared to the Company's peer group over the performance period.