SEC Form 4/A · accession 0001437557-18-000046
LILIS ENERGY, INC. · LLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mark Daniel Christensen
Director
Period of report
Sep 13, 2018
Accepted (ET)
Oct 3, 2018 · 5:31 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 | Sep 13, 2018 | F | 52,865 | $5.41 | D | 624,278 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4/A is being filed solely to amend the Form 4 filed for the Reporting Person on September 17, 2018, to correct the transaction code which was inadvertently reported as transaction code "S"instead of transaction code "F".
- F2On September 13, 2018, the Reporting Person provided notice of exercise of warrants to purchase 220,000 shares of common stock for $1.30 per share on a cashless basis. The cashless exercise was approved by the Board of Directors of Lilis Energy, Inc. (the "Company"). Issuer executed the transaction on September 13, 2018, based on September 12, 2018 stock prices, resulting in issuer withholding 52,865 shares to pay the exercise price.
- F3These securities are held indirectly for the benefit of KES 7 Capital Inc., for which Reporting Person is the natural person with ultimate voting and dispositive power.