SEC Form 4 · accession 0001144204-18-000564
Cimarex Resolute LLC · REN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Piccone
Officer — President · Director
Period of report
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 4:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001469510
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF4,F5 | Dec 29, 2017 | M | 27,438 | $6.75 | A | 268,615 | D | |
| Common StockF4,F5 | Dec 29, 2017 | M | 2,791 | $2.915 | A | 271,406 | D | |
| Common StockF2,F4,F5 | Dec 29, 2017 | F | 6,145 | $31.47 | D | 265,261 | D | |
| Common StockF3,F4,F5 | Jan 1, 2018 | F | 7,158 | $31.47 | D | 258,103 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $6.75 | Dec 29, 2017 | M | 27,438 | D | — | May 4, 2025 | Common Stock | 27,438 | 13,719 | D |
| Employee Stock Option (right to buy) | $2.915 | Dec 29, 2017 | M | 2,791 | D | Mar 8, 2017 | Feb 17, 2026 | Common Stock | 2,791 | 78,436 | D |
Explanation of responses
- F1The options vested in two equal installments on May 5, 2016 and 2017.
- F2Represents shares surrendered to Issuer to cover tax withholding obligations of the Reporting Person upon the exercise of 30,229 incentive stock options issued pursuant to Issuer's 2009 Performance Incentive Plan.
- F3Represents shares surrendered to Issuer to cover tax withholding obligations of the Reporting Person upon the vesting of 21,768 shares of time-vesting restricted stock issued pursuant to the Issuer's 2009 Performance Incentive Plan. The vesting of the shares was accelerated pursuant to that certain Separation Agreement and Release dated January 1, 2018 between Issuer and the Reporting Person.
- F4Includes 21,767 shares of restricted stock subject to performance-vesting criteria, which vest in annual installments in accordance with such criteria through March 8, 2020.
- F5Includes 46,655 shares held by the Reporting Person in an IRA account.