SEC Form 4 · accession 0001209191-18-016283
Cobalt International Energy, Inc. · CIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Anthony Smith
Officer — Senior Vice President
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 3:05 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 | Mar 1, 2018 | M | 1,893 | $0.00 | A | 27,645 | D | |
| Common StockF2,F3,F1 | Mar 1, 2018 | F | 562 | $0.47 | D | 27,083 | D | |
| Common StockF4 | holding | — | — | — | 680 | I | see footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF6,F5 | — | Mar 1, 2018 | M | 1,893 | D | — | — | Common Stock | 1,893 | 1,893 | D |
Explanation of responses
- F1On 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.
- F2Represents shares withheld to pay tax withholding obligations in connection with the vesting of restricted stock.
- F3Price based on closing price of Cobalt International Energy, Inc. common stock on February 28,2018.
- F4These shares were purchased on behalf of the reporting person's minor child. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F5The restricted stock units convert into common stock on a one-for-one basis.
- F6The reporting person was granted an aggregate of 85,204 restricted stock units on February 18, 2016 that vest in three equal installments on March 1, 2017, March 1, 2018 and March 1, 2019. The number of RSUs have been adjusted to reflect the 1:15 reverse stock split on June 16, 2017.