SEC Form 4 · accession 0000316300-15-000054
EXCO RESOURCES INC · XCOOQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Wilder Jr.
Director
Period of report
Nov 20, 2015
Accepted (ET)
Nov 24, 2015 · 2:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000316300
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2,F4,F5 | Nov 20, 2015 | P | 262,210 | $1.0841 | A | 8,813,465 | I | See Footnotes (4) and (5) |
| Common Stock, par value $0.001 per shareF1,F3,F4,F5 | Nov 23, 2015 | P | 476,000 | $1.0908 | A | 9,289,465 | I | See Footnotes (4) and (5) |
| Common Stock, par value $0.001 per share | holding | — | — | — | 5,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares purchased pursuant to a Rule 10b5-1 Purchase Plan dated as of November 4, 2015 between Energy Strategic Advisory Services LLC ("ESAS") and Jefferies LLC, acting as agent for ESAS.
- F2This transaction was executed in multiple trades at prices ranging from $1.04 to $1.12. The price reported above reflects the weighted average purchase price. 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 and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $1.05 to $1.12. The price reported above reflects the weighted average purchase price. 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 and prices at which the transaction was effected.
- F4ESAS is the registered owner of these shares. Bluescape Resources Company LLC, a Delaware limited liability company ("Bluescape"), owns 100% of the membership interests of ESAS and has the power to direct the affairs of ESAS. Mr. Charles John Wilder, Jr. (the "Reporting Person") has the power to direct the affairs of Bluescape as its Executive Chairman.
- F5The Reporting Person states that neither the filing of this statement nor anything herein shall be deemed an admission that he is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owner of these securities. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest in such securities.