SEC Form 4 · accession 0001104659-18-025326
Sanchez Energy Corp · SNEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard J Thill Sr.
Officer — Executive VP and CFO
Period of report
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 7:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 17, 2018 | A | 186,916 | — | A | 437,166 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3 | — | Apr 17, 2018 | A | 186,916 | A | Apr 19, 2021 | Apr 19, 2021 | Common Stock | 186,916 | 186,916 | D |
Explanation of responses
- F1Represents a grant of restricted stock Reporting Person received from the Issuer.
- F2Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock, par value $0.01 per share.
- F3Phantom stock is payable only in cash, which vests in equal annual increments over a three-year period.