SEC Form 4 · accession 0000316300-15-000065
EXCO RESOURCES INC · XCOOQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D Benjamin
Director
Period of report
Dec 10, 2015
Accepted (ET)
Dec 14, 2015 · 12:06 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 | Dec 10, 2015 | A | 124,260 | $0.00 | A | 396,263 | D | |
| Common Stock, par value $0.001 per shareF2 | holding | — | — | — | 200,000 | I | By the Jeffrey Benjamin 2012 Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock automatically issued to Mr. Benjamin pursuant to the Amended and Restated 2007 Director Plan of EXCO Resources, Inc., as amended (the "Plan"). All of these shares of restricted common stock vest on December 10, 2016. These shares of restricted stock are subject to forfeiture, accelerated vesting and other restrictions as more fully set forth in the Plan.
- F2These shares are held in a trust for the benefit of the reporting person's spouse and children. Neither the reporting person nor his spouse is the trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.