SEC Form 4 · accession 0001209191-18-006321
Gastar Exploration Inc. · GST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nathan Walton
Director
Period of report
Jan 30, 2018
Accepted (ET)
Jan 31, 2018 · 7:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001431372
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Jan 30, 2018 | A | 62,500 | $0.00 | A | 115,410 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares were acquired pursuant to a restricted share grant and will fully vest on January 30, 2019.
- F2These securities are held by the Reporting Person for the benefit of Ares Management LLC, which is affiliated with certain investment vehicles (collectively, "Ares") that hold common stock of the Issuer. The Reporting Person is associated with Ares. Pursuant to the policies of Ares, the Reporting Person holds these securities as a nominee on behalf, and for the sole benefit, of Ares and has assigned all economic, pecuniary and voting rights in respect of these securities to Ares.
- F3The amounts reported in this Form 4 do not include any securities of the Issuer held by Ares. The Reporting Person disclaims beneficial ownership of such securities of the Issuer owned by Ares and such securities of the Issuer issued to the Reporting Person, except to the extent of any pecuniary interest therein, and the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of or has any pecuniary interest in any such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.
- F4Includes 62,500 shares acquired on January 30, 2018 that will vest subject to disclosed vesting schedule.