SEC Form 4 · accession 0001509589-18-000064
Bonanza Creek Energy, Inc. · BCEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brant DeMuth
Officer — EVP & Chief Financial Officer
Period of report
Nov 14, 2018
Accepted (ET)
Nov 14, 2018 · 5:38 pm EST
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 | Nov 14, 2018 | A | 23,338 | $0.00 | A | 23,338 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units with respect to shares of the Issuer's Common Stock granted to the Reporting Person on November 14, 2018, pursuant to the employment inducement award exemption of Section 303A.08 under the New York Stock Exchange's Listed Company Manual. The restricted stock units are scheduled to vest in five equal installments on the first five anniversaries of the date of grant. The number of shares was determined by dividing the award value of $650,000 by $27.8512 (which was the volume-weighted average price of a share for the 30-trading day period immediately preceding the date of grant).