SEC Form 4 · accession 0001509589-19-000016
Bonanza Creek Energy, Inc. · BCEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott A Fenoglio
Officer — SVP, Finance & Planning
Period of report
Jan 9, 2019
Accepted (ET)
Jan 11, 2019 · 3:26 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 | Jan 9, 2019 | M | 2,598 | $0.00 | A | 31,039 | D | |
| Common Stock | Jan 9, 2019 | F | 754 | $23.55 | D | 30,285 | D | |
| Common Stock | Jan 9, 2019 | F | 4,711 | $23.55 | D | 25,574 | D | |
| Common Stock | Jan 9, 2019 | F | 325 | $23.55 | D | 25,249 | D | |
| Common StockF4 | Jan 9, 2019 | D | 5,084 | $0.00 | D | 20,165 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF5,F6 | $0.00 | Jan 9, 2019 | M | 2,598 | D | — | — | Common Stock | 2,598 | 0 | D |
Explanation of responses
- F1Represents distribution of Issuer common stock upon partial vesting of performance stock units awarded on May 16, 2018. The partial vesting is based on the number of days during the applicable performance period that recipient remained employed by Issuer and on an assumed target level of performance by Issuer, in accordance with the terms of the Performance Stock Unit Agreement.
- F2Represents shares withheld to satisfy tax withholding obligations upon vesting of performance stock units.
- F3Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
- F4The securities were forfeited to the Issuer upon Reporting Person's termination of employment with the Issuer.
- F5Each performance stock unit represented a contingent right to receive one share of Issuer common stock.
- F6The performance stock units awarded vested on January 9, 2019.