SEC Form 4 · accession 0000899243-19-001042
Lonestar Resources US Inc. · LONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Chambers Energy Capital III, LP
10% Owner
CEC GP, LLC
10% Owner
CEC Fund III GP,LLC
10% Owner
John Robert Chambers
10% Owner
Period of report
Dec 29, 2017
Accepted (ET)
Jan 11, 2019 · 4:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001661920
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Participating Preferred Stock, Series A-1F2,F3,F1 | — | Dec 29, 2017 | J | 1,848 | A | — | — | Class A Voting Common Stock | 308,000 | 83,968 | I |
| Convertible Participating Preferred Stock, Series A-1F2,F3,F1 | — | Mar 29, 2018 | J | 1,889 | A | — | — | Class A Voting Common Stock | 314,833 | 85,857 | I |
| Convertible Participating Preferred Stock, Series A-1F2,F3,F1 | — | Jun 29, 2018 | J | 1,932 | A | — | — | Class A Voting Common Stock | 322,000 | 87,789 | I |
| Convertible Participating Preferred Stock, Series A-1F2,F3,F1 | — | Sep 28, 2018 | J | 1,975 | A | — | — | Class A Voting Common Stock | 329,167 | 89,764 | I |
| Convertible Participating Preferred Stock, Series A-1F2,F3,F1 | — | Dec 31, 2018 | J | 2,020 | A | — | — | Class A Voting Common Stock | 336,667 | 91,784 | I |
Explanation of responses
- F1Each share of Convertible Participating Preferred Stock, Series A-1 (the "Series A-1 Stock"), is convertible into 166.6667 shares of Class A Voting Common Stock of the Issuer at the option of the holder, subject to adjustment in the event of any stock split, stock dividend or other circumstance described in the certificate of designation governing the Series A-1 Stock. The Series A-1 Stock has no expiration date.
- F2Represents a payment-in-kind dividend on the Series A-1 Stock owned on the dividend record date in the form of additional shares of Series A-1 Stock at a per share price equal to $975 and payable quarterly at a rate of 9% per annum.
- F3The shares are held of record by Chambers Energy Capital III, LP ("Chambers Energy"). J. Robert Chambers is the managing member of CEC GP, LLC ("CEC GP"), which is the sole member of CEC Fund III GP, LLC ("CEC III"), which is the general partner of Chambers Energy. Accordingly, each of Mr. Chambers, CEC GP, and CEC III may be deemed to share beneficial ownership of the securities held of record by Chambers Energy.