SEC Form 4 · accession 0001513563-17-000002
Forbes Energy Services Ltd. · FLSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Travis H. Burris
Director
Period of report
Apr 13, 2017
Accepted (ET)
Apr 17, 2017 · 6:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434842
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 13, 2017 | J | 450 | $0.00 | D | 0 | I | By son |
| Common StockF1 | Apr 13, 2017 | J | 100,366 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Issuer and certain of its subsidiaries (collectively with the Issuer, the "Debtors") filed voluntary petitions under chapter 11 of title 11 of the United States Code on January 22, 2017 in the United States Bankruptcy Court for the Southern District of Texas-Corpus Christi Division (the "Bankruptcy Court"). On March 29, 2017, the Bankruptcy Court entered an order confirming the prepackaged plan of organization (as amended and supplemental, the "Plan"), and on April 13, 2017 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from the chapter 11 cases. On the Effective Date, all outstanding shares of the Issuer's common stock were cancelled and extinguished.