SEC Form 3 · accession 0001104659-17-032861
LILIS ENERGY, INC. · LLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Apr 28, 2017
Accepted (ET)
May 15, 2017 · 5:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437557
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | holding | — | — | — | 7,029,243 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vertex One Asset Management, Inc. ("Vertex One") is the manager of Vertex Fund, a corporation formed and operating under the laws of British Columbia, Canada (the "Fund"). The Fund holds 6,973,360 shares of the common stock, par value $0.00001 (the "Common Stock"), of Lilis Energy, Inc. (the "Issuer"). Other accounts managed by Vertex One hold 55,883 shares of Common Stock.
- F2John Thiessen is a principal of Vertex One. Mr. Thiessen is deemed to be the indirect beneficial owner of the securities reported by reason of his ability to direct the vote and/or disposition of such securities, and his pecuniary interest in such shares (within the meaning of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended) is a fractional interest in such amount.