SEC Form 4 · accession 0001104659-16-124623
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
May 26, 2016
Accepted (ET)
May 31, 2016 · 8:13 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 shareF1 | May 26, 2016 | S | 12,500 | $0.7238 | D | 3,736,900 | D | |
| Common Stock, par value $0.50 per shareF2,F3 | May 26, 2016 | S | 16,000 | $0.7178 | D | 1,543,400 | I | By Commodore Partners, Ltd. |
| Common Stock, par value $0.50 per shareF3 | holding | — | — | — | 25,000 | I | By G.K. Westcott LP | |
| Common Stock, par value $0.50 per shareF3 | holding | — | — | — | 105,000 | I | By spouse |
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 $0.7150 to $0.7260, 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 footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.7000 to $0.7300, inclusive. The reporting person undertakes to provide to 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 footnote (2) to this Form 4.
- F3The 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.