SEC Form 4 · accession 0001213900-15-004260
LILIS ENERGY, INC. · LLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Tyler Runnels
Director
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 8:05 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 StockF2,F3 | May 29, 2015 | J | 112,309 | $0.00 | D | 2,641,366 | I | By Runnels Family Trust DTD-11-2000 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were transferred by T.R. Winston & Company, LLC, of which Mr. Runnels is the majority owner to certain accredited investors for services rendered in connection with an investment banking agreement.
- F2Shares were transferred at a zero cost basis for services rendered, however the closing price on date of transfer was $1.41.
- F3Indirectly held by Reporting Person and are attributable to the Runnels Family Trust DTD-11-2000. The Reporting Person, with Jasmine N. Runnels, is trustee of the Runnels family trust.