SEC Form 4 · accession 0000899243-17-000649
C&J Energy Services, Inc. · CJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Jeffrey Gawick
Officer — See Remarks · Director
Period of report
Jan 6, 2017
Accepted (ET)
Jan 6, 2017 · 3:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615817
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 6, 2017 | J | 92,357 | $0.00 | D | 74,289 | D | |
| Common StockF2,F1 | Jan 6, 2017 | J | 74,289 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF3 | $18.89 | Jan 6, 2017 | J | 3,167 | D | Jun 19, 2015 | Jun 19, 2022 | Common Stock | 3,167 | 0 | D |
Explanation of responses
- F1On December 16, 2016, an order confirming the plan of reorganization (the "Plan") of C&J Energy Services Ltd. (the "Company") and certain of its subsidiaries was entered by the United States Bankruptcy Court for the Southern District of Texas, Houston Division. On January 6, 2017, the Plan became effective pursuant to its terms and all of the Company's equity was cancelled.
- F2These shares of restricted common stock were cancelled automatically and without the receipt of any consideration pursuant to the Plan.
- F3These options were cancelled automatically and without the receipt of any consideration in conjunction with the cancellation of the underlying common stock pursuant to the Plan.
Remarks
President and Chief Executive Officer