SEC Form 4 · accession 0001213900-16-009944
LILIS ENERGY, INC. · LLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Tyler Runnels
Director · 10% Owner
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 9:36 pm EST
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 | Jan 4, 2016 | A | 75,000 | $0.20 | A | 3,069,904 | I | By Runnels Family Trust DTD-11-2000 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were issued to the Reporting Person pursuant to the Company's non-employee director equity compensation plan in lieu of quarterly retainer and meeting fees of $15,000.
- F2Indirectly 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.