SEC Form 4 · accession 0000903423-17-000351
Magnolia Oil & Gas Corp · MGY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen I Chazen
Officer — President & CEO · Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001698990
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 10, 2017 | P$0 | 100,000 | — | A | 100,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (option to buy)F1,F2 | — | May 10, 2017 | P | 33,333 | A | — | — | Class A Common Stock | 33,333 | 33,333 | D |
Explanation of responses
- F1In connection with the initial public offering of TPG Pace Energy Holdings Corp. (the "Issuer"), Mr. Stephen I. Chazen acquired, at a price of $10 per unit, 100,000 units, with each unit consisting of (i) one share of the Class A common stock, par value $0.0001 per share (the "Class A Shares"), of the Issuer and (ii) one-third of one warrant (the "Warrants").
- F2Each whole Warrant is initially exercisable for one Class A Share at an exercise price of $11.50 per Class A Share, subject to certain adjustments. The Warrants may be exercised during the period (i) commencing on the later of (a) the date that is 30 days after the first date on which the Issuer completes a business combination and (b) May 10, 2018 and (ii) expiring five years after the completion of the Issuer's business combination or earlier upon redemption or liquidation.
Remarks
(3) Michael LaGatta is signing on behalf of Mr. Chazen pursuant to the authorization and designation letter dated May 1, 2017, which was previously filed with the Securities and Exchange Commission.