SEC Form 4 · accession 0000899243-18-005429
Lonestar Resources US Inc. · LONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas W Banister
Officer — CHIEF FINANCIAL OFFICER
Period of report
Feb 23, 2018
Accepted (ET)
Feb 26, 2018 · 2:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001661920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Voting Common StockF1 | Feb 23, 2018 | M | 10,000 | — | A | 17,436 | D | |
| Class A Voting Common Stock | Feb 23, 2018 | F | 2,965 | $4.00 | D | 14,471 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 23, 2018 | M | 10,000 | D | — | — | Class A Voting Common Stock | 10,000 | 15,000 | D |
Explanation of responses
- F1Restricted stock units not settled in cash convert into Class A Voting Common Stock on a one-for-one basis.
- F2On February 23, 2017, the Reporting Person was granted 25,000 restricted stock units. The restricted stock units vest in three annual installments (40% on the first anniversary of the vesting commencement date of February 23, 2018 (the "VCD") and 30% on the second and third anniversary dates of the VCD), subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.