SEC Form 4 · accession 0001104659-15-058254

COMSTOCK RESOURCES INC · CRK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Carl H Westcott

10% Owner

Period of report

Jul 30, 2015

Accepted (ET)

Aug 10, 2015 · 4:23 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000023194

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $0.50 per share^F1	Jul 30, 2015	P	15,000	$1.40	A	2,532,757	D
Common Stock, par value $0.50 per share^F2	Jul 31, 2015	P	6,200	$1.2741	A	2,538,957	D
Common Stock, par value $0.50 per share^F4	Aug 3, 2015	S	20,000	$1.2688	D	2,518,957	D
Common Stock, par value $0.50 per share^F5	Aug 3, 2015	P	33,000	$1.1275	A	2,551,957	D
Common Stock, par value $0.50 per share^F6	Aug 3, 2015	P	10,000	$1.13	A	1,512,556	I	By Commodore Partners, Ltd.
Common Stock, par value $0.50 per share^F6	Aug 3, 2015	S	1,520	$1.1401	D	1,511,036	I	By Commodore Partners, Ltd.
Common Stock, par value $0.50 per share^F7	Aug 4, 2015	P	117,000	$1.1029	A	2,668,957	D
Common Stock, par value $0.50 per share^F6	Aug 4, 2015	P	5,000	$1.14	A	1,516,036	I	By Commodore Partners, Ltd.
Common Stock, par value $0.50 per share^F6	Aug 4, 2015	P	10,000	$1.14	A	105,000	I	By spouse
Common Stock, par value $0.50 per share^F8	Aug 5, 2015	P	948,995	$1.3403	A	3,617,952	D
Common Stock, par value $0.50 per share^F9,F6	Aug 5, 2015	P	43,964	$1.2615	A	1,560,000	I	By Commodore Partners, Ltd.
Common Stock, par value $0.50 per share^F10	Aug 6, 2015	P	105,700	$1.2503	A	3,723,652	D
Common Stock, par value $0.50 per share^F11	Aug 7, 2015	P	26,348	$1.7702	A	3,750,000	D
Common Stock, par value $0.50 per share^F6	holding	—	—		—	25,000	I	By G.K. Westcott LP

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.3599 to $1.4200, inclusive. The reporting person undertakes to provide to Comstock Resources, Inc. ("CRK"), any security holder of CRK, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2), (4), (5), (7), (8), (9), (10) and (11) to this Form 4.
F10The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.2070 to $1.6521, inclusive.
F11The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.7700 to $1.7900, inclusive.
F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.2500 to $1.2799, inclusive.
F3The reporting person's sales of the reported shares are matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 21,520 shares, with the reporting person's purchases of 1,000, 1,000 and 100 shares of CRK common stock at a price of $0.9900, $1.0800 and $1.0800 per share, respectively, on August 5, 2015, and 19,420 shares of CRK common stock at a price of $1.0900 on August 4, 2015. The reporting person has entered into an agreement to pay to CRK $3,762.1520, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.1500 to $1.3000, inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.1200 to $1.1300, inclusive.
F6The number of shares beneficially owned by Carl H. Westcott includes shares of common stock held by family limited partnerships and his spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F7The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.0900 to $1.1200, inclusive.
F8The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.9900 to $1.4700, inclusive.
F9The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.2400 to $1.2899, inclusive.