SEC Form 4 · accession 0001209191-17-044453
Cobalt International Energy, Inc. · CIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J. Cutt
Officer — Chief Executive Officer · Director
Period of report
Jul 5, 2017
Accepted (ET)
Jul 7, 2017 · 7:31 pm EDT
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 | Jul 5, 2017 | S | 20,735 | $2.34 | D | 184,937 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale price is a weighted average sale price that represents the sale of these shares of Common Stock at prices ranging from $2.31 to $2.38, inclusive. These shares were sold pursuant to a 10b5-1 plan to cover taxes in connection with the vesting of certain restricted stock awards. 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 (1).
- F2On June 16, 2017, the Issuer effected a 1-for-15 reverse stock split of its Common Stock. The amount of securities reported in this Form 4 has been adjusted to reflect the reverse stock split.