SEC Form 4 · accession 0001509589-16-000054
Bonanza Creek Energy, Inc. · BCEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan Zorn
Officer — SVP, Finance & Treasurer
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 5:41 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 15, 2016 | F | 447 | $2.24 | D | 32,688 | D | |
| Common StockF1 | Mar 15, 2016 | F | 1,387 | $2.24 | D | 31,301 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2 | — | holding | — | — | — | — | Dec 31, 2016 | Common Stock | 4,186 | 4,186 | D |
| Performance SharesF2 | — | holding | — | — | — | — | Dec 31, 2017 | Common Stock | 7,701 | 7,701 | D |
Explanation of responses
- F1Includes (i) 19,146 shares of common stock and (ii) 12,155 shares of restricted common stock subject to vesting.
- F2Each performance share represents a contingent right to receive 0-200% of that number of shares of common stock. The amount listed represents what the Reporting Person would receive at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.