SEC Form 4 · accession 0000316300-15-000067
EXCO RESOURCES INC · XCOOQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B James Ford
Director
Period of report
Dec 10, 2015
Accepted (ET)
Dec 14, 2015 · 12:35 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 | Dec 10, 2015 | A | 124,260 | $0.00 | A | 134,260 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is a Managing Director of Oaktree Capital Management, L.P. ("Oaktree"), a registered investment adviser under the Investment Advisers Act of 1940, as amended. The shares of restricted stock are held directly by the reporting person for the benefit of OCM FIE, LLC ("FIE"). Pursuant to the policies of Oaktree, the reporting person must hold the shares on behalf of and for the sole benefit of FIE and is assigning all economic, pecuniary, and voting rights to FIE. The reporting person disclaims beneficial ownership of these securities and the filing of this Form 4 shall not be construed as an admission that such person is the beneficial owner of any securities covered by this Form 4, except to the extent of any indirect pecuniary interest therein.
- F2Represents shares of restricted stock automatically issued to Mr. Ford 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.