SEC Form 4 · accession 0001209191-17-001494
Cobalt International Energy, Inc. · CIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W. Farnsworth
Other
Period of report
Dec 30, 2016
Accepted (ET)
Jan 4, 2017 · 7:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001471261
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 30, 2016 | S | 21,545 | $1.24 | D | 1,570,272 | D | |
| Common StockF3 | holding | — | — | — | 250,000 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 3,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represent shares sold pursuant to a 10b5-1 Plan to cover taxes in connection with the vesting of certain restricted stock awards.
- F2The sale price is a weighted average sale price that represents the sale of these shares of Common Stock at prices ranging from $1.23 to 1.26, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote.
- F3These shares of Common Stock are directly owned by a limited partnership, of which the reporting person is the sole general partner. The reporting person owns 0.1% of the limited partnership interests in the limited partnership and the remaining limited partnership interests are held by certain trusts for the benefit of the reporting person's adult children. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F4These shares of Common Stock are directly held by the reporting person's spouse.
Remarks
Former President, Exploration