SEC Form 4 · accession 0001209191-18-063934
Magnolia Oil & Gas Corp · MGY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen I Chazen
Officer — Chairman, President & CEO · Director
Period of report
Dec 21, 2018
Accepted (ET)
Dec 21, 2018 · 4:44 pm EST
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 | Dec 21, 2018 | J | 4,022,500 | $0.00 | A | 5,810,283 | 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 | $11.50 | Dec 21, 2018 | J | 2,500,000 | A | Dec 21, 2018 | Jul 31, 2023 | Class A Common Stock | 2,500,000 | 2,500,000 | D |
Explanation of responses
- F1Effective December 21, 2018, TPG Pace Energy Sponsor, LLC distributed, in accordance with its limited liability company agreement, all of its shares of Class A common stock of Magnolia Oil & Gas Corporation and all of its warrants pro rata to its members, including Mr. Chazen.
Remarks
Timothy D. Yang is signing on behalf of Mr. Chazen pursuant to the Power of Attorney dated December 17, 2018, which was previously filed with the Securities and Exchange Commission.