SEC Form 4 · accession 0000950103-17-003890

Bonanza Creek Energy, Inc. · BCEI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, Chief Accounting Officer

Period of report

Apr 24, 2017

Accepted (ET)

Apr 26, 2017 · 9:40 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001509589

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Apr 24, 2017	M	3,507	—	A	35,023	D
Common Stock^F2	Apr 24, 2017	F	1,257	$0.87	D	33,766	D
Common Stock^F3	Apr 24, 2017	M	25,218	—	A	58,984	D
Common Stock^F4	Apr 24, 2017	F	9,402	$0.87	D	49,582	D
Common Stock^F5	Apr 24, 2017	F	619	$1.13	D	48,963	D
Common Stock^F5	Apr 24, 2017	F	976	$1.13	D	47,987	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Shares^F1	—	Apr 24, 2017	M	3,507	D	—	—	Common Stock	3,507	0	D
LTIP Units^F3	—	Apr 24, 2017	M	25,218	D	—	—	Common Stock	25,218	50,434	D

F1Each performance share represented a contingent right to receive between 0% and 200% of a share based on the level of attainment of the applicable performance goal. The award was settled in shares on April 24, 2017.
F2Represents shares withheld to satisfy tax withholding obligations arising on settlement of the performance shares referenced in footnote 1.
F3Each LTIP unit represents a contingent right to receive one share based on the level of attainment of the applicable performance goal. One-third of the award was settled in shares on April 24, 2017. The remaining two-thirds of the award is scheduled to vest in equal installments on March 15, 2018 and March 15, 2019.
F4Represents shares withheld to satisfy tax withholding obligations arising on settlement of the LTIP units referenced in footnote 3.
F5Represents shares withheld to satisfy tax withholding obligations arising on vesting of restricted stock on March 15, 2017.