SEC Form 4 · accession 0001655020-18-000012
Extraction Oil & Gas, Inc. · XOG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew R Owens
Officer — President and Director · Director
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001655020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jan 16, 2018 | F | 48,278 | $14.16 | D | 1,032,773 | D | |
| COMMON STOCKF2 | Jan 17, 2018 | J | 498,725 | $14.41 | D | 1,712,045 | I | See Footnote (2) |
| COMMON STOCKF3 | holding | — | — | — | 1,930,277 | I | See Footnote (3) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As previously disclosed, this represents the vesting of restricted stock units previously awarded to certain employees and the subsequent distribution of common stock to such employees in connection therewith.
- F2These shares are owned by Extraction Employee Incentive, LLC, an entity in which the reporting person owns a membership interest. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.
- F3These shares are owned by OFI Properties, LLC, of which Mr. Owens holds 100% of the managing interest. The Matthew R. Owens 2016 Grantor Retained Annuity Trust, of which Mr. Owens is Trustee, owns a 75% non-managing interest in OFI Properties, LLC.