SEC Form 4 · accession 0001104659-18-064730
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
Oct 26, 2018
Accepted (ET)
Oct 30, 2018 · 5:48 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 | Oct 26, 2018 | M | 58,334 | — | A | 406,707 | D | |
| Common Stock | Oct 26, 2018 | D | 58,334 | $1.84 | D | 348,373 | D | |
| Common StockF1 | Oct 26, 2018 | M | 186,916 | — | A | 535,289 | D | |
| Common Stock | Oct 26, 2018 | D | 186,916 | $1.84 | D | 348,373 | D | |
| Common Stock | Oct 26, 2018 | D | 66,667 | $0.00 | D | 281,706 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | — | Oct 26, 2018 | M | 58,334 | D | Oct 26, 2018 | Oct 26, 2018 | Common Stock | 58,334 | 0 | D |
| Phantom StockF1 | — | Oct 26, 2018 | M | 186,916 | D | Oct 26, 2018 | Oct 26, 2018 | Common Stock | 186,916 | 0 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock, par value $0.01 per share. The Reporting Person settled his shares of phantom stock for cash.