SEC Form 4 · accession 0001532930-16-000136
Seventy Seven Energy Inc. · SVNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Minmier
Officer — See Remarks
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 6:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001532930
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 3, 2016 | F | 23,885 | $0.6961 | D | 449,929 | D | |
| Common Stock | holding | — | — | — | 3,682 | I | 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects shares that were withheld for payment of required withholding taxes upon the vesting of a portion of a previously reported restricted stock award.
- F2Reflects 1,719 shares transferred to the reporting person's former spouse pursuant to a Consent Decree of Dissolution of Marriage. The securities owned by the reporting person's former spouse are no longer beneficially owned by the reporting person.
Remarks
President - Nomac Drilling, L.L.C.