SEC Form 4 · accession 0001615774-17-006539

Rosehill Resources Inc. · ROSE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · 10% Owner

Period of report

Nov 8, 2017

Accepted (ET)

Nov 13, 2017 · 4:37 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 Stock^F2,F3	Nov 8, 2017	J	1,431,291	$0.00	D	1,340,621	I	See footnote
Class A Common Stock	holding	—	—		—	17,611	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrants^F2,F3,F4	$11.50	Nov 8, 2017	J	4,994,603	D	—	—	Class A Common Stock	4,994,603	2,118,547	I
8% Series A Cumulative Perpetual Preferred Stock^F2,F3,F6,F5	—	Nov 8, 2017	J	1,293	D	—	—	Class A Common Stock	1,293	984	I

F1In accordance with the Second Amended and Restated Limited Liability Company Agreement of KLR Energy Sponsor, LLC ("Sponsor"), Sponsor made a pro-rata, in-kind distribution of 1,845,892 shares of Class A common stock, 7,113,150 warrants and 2,277 shares of the 8% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock") to its members.
F2KLR Group Investments, LLC ("KLR Investments") is a member of Sponsor and received 414,601 shares of Class A Common Stock, 2,118,547 warrants and 984 shares of the Series A Preferred Stock in the distribution.
F3KLR Investments is the managing member of Sponsor. Mr. Kovalik is the managing member of KLR Group Holdings, LLC, which owns 100% of KLR Investments.
F4The warrants became exercisable for Class A Common Stock on May 27, 2017 and will expire on April 27, 2022.
F5The Series A Preferred Stock is convertible into Class A Common Stock at any time.
F6Each share of Series A Preferred Stock is convertible into 86.9565 shares of Class A Common Stock and has no expiration.