SEC Form 4 · accession 0001062993-17-005092
Rosehill Resources Inc. · ROSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Nov 22, 2017
Accepted (ET)
Nov 27, 2017 · 6:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001659122
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Nov 22, 2017 | S | 2,000 | $9.0395 | D | 797,545 | D | |
| Class A Common StockF1 | Nov 24, 2017 | S | 500 | $8.911 | D | 797,045 | D | |
| Class A Common StockF1 | Nov 27, 2017 | S | 1,132 | $8.9126 | D | 795,913 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2 | $11.50 | Nov 22, 2017 | S | 100 | D | — | — | Class A Common | 100 | 1,166,318 | D |
| WarrantsF2 | $11.50 | Nov 27, 2017 | S | 100,000 | D | — | — | Class A Common | 100,000 | 1,066,318 | D |
Explanation of responses
- F1The securities beneificially owned as reported in Column 5 includes 739,131 shares of Class A Common Stock underlying shares of 8.000% Series A Cumulative Perpetual Preferred Stock, which is convertible, at the holder's option and at any time, into 86.9565 shares of Class A Common Stock (which is equivalent to an initial conversion price of approximately $11.50 per share). The 8.000% Series A Cumulative Perpetual Preferred Stock has no expiration date.
- F2The warrants became exercisable 30 days after the completion of an initial business combination, which occured on April 27, 2017, and expire on five years after the completion of such business combination (April 27, 2022) or earlier upon redemption or liquidation.