SEC Form 4 · accession 0000351817-16-000058
SILVERBOW RESOURCES, INC. · SBOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry E Swift
Officer — CEO
Period of report
Apr 22, 2016
Accepted (ET)
Apr 26, 2016 · 8:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000351817
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Swift Energy Company Common StockF1 | Apr 22, 2016 | J | 110,700 | $0.00 | D | 367,925 | D | |
| Swift Energy Company Common StockF2 | Apr 22, 2016 | D | 367,925 | $0.00 | D | 0 | D | |
| Swift Energy Company Common StockF2 | Apr 22, 2016 | D | 8,085 | $0.00 | D | 0 | I | TES GST Exempt Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to Section 503(c) of the Bankruptcy Code, the reporting person's Restricted Stock awards were cancelled upon the Issuer's emergence from bankruptcy, including shares which were prohibited from vesting during the time that the Issuer was in bankruptcy.
- F2Pursuant to the Plan of Reorganization approved by the Board of Directors and filed with the bankruptcy court, the Issuer's common stock (SFYWQ) was cancelled on April 22, 2016.