SEC Form 4 · accession 0000899243-18-014166
WildHorse Resource Development Corp · WRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Saad Habachy
Officer — See Remarks
Period of report
May 24, 2018
Accepted (ET)
May 25, 2018 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001681714
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 24, 2018 | F | 13,258 | $27.07 | D | 301,481 | D | |
| Common StockF2 | May 24, 2018 | A | 73,883 | $0.00 | A | 375,364 | D | |
| Common StockF3 | May 24, 2018 | S | 20,000 | $27.30 | D | 355,364 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person delivered 13,258 shares of common stock to satisfy tax withholding liabilities incident to the vesting of restricted shares issued in accordance with Rule 16b-3.
- F2Represents an award of unvested shares of restricted stock granted under the WildHorse Resource Development Corporation 2016 Long Term Incentive Plan, which generally vest in three substantially equal installments on the first three anniversaries of the grant date, subject to continued service through each vesting date.
- F3This transaction was executed in multiple trades at prices ranging from $27.01 to $27.46. The price reported above reflects the weighted average sales price rounded to the nearest cent. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares of common stock and prices at which the transactions were effected.
Remarks
Executive Vice President and Chief Operating Officer