SEC Form 4 · accession 0001104659-18-038366
Sanchez Energy Corp · SNEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Brian Carney
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 5:45 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 | Jun 1, 2018 | A | 50,762 | — | A | 108,981 | D | |
| Common StockF2,F3 | Jun 4, 2018 | S | 13,356 | $3.94 | D | 95,625 | D | |
| Common Stock | holding | — | — | — | 500 | I | By child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock the Reporting Person received from the Issuer.
- F2The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person and was used to satisfy the Reporting Person's federal income tax obligations with respect to the vesting of equity awards.
- F3This transaction was executed in multiple trades at prices ranging from $3.87 to $4.01. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of common stock and prices at which the transaction was effected.