SEC Form 4 · accession 0001213900-16-014867
LILIS ENERGY, INC. · LLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nuno Brandolini
Director
Period of report
Jul 7, 2016
Accepted (ET)
Jul 11, 2016 · 7:28 am 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 | Jul 7, 2016 | A | 50,000 | $0.00 | A | 382,894 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Granted by the Issuer pursuant to the 2016 Omnibus Incentive Plan. The shares vest over two years, with 34% vesting on the date of the grant, 33% vesting on the first anniversary of the date of the grant and 33% vesting on the second anniversary of the date of the grant, subject to continued service through each vesting date.
- F2Reflects a decrease of 5,000 shares due a typo in the previous filing.