SEC Form 4 · accession 0001246360-15-003892
SILVERBOW RESOURCES, INC. · SBOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alton D Heckaman Jr.
Officer — EVP & CFO
Period of report
Dec 14, 2015
Accepted (ET)
Dec 16, 2015 · 6:42 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| SFY Cmmn Stock-ESOP Holding | Dec 14, 2015 | J | 1,728 | $0.17 | D | 0 | I | ESOP Plan |
| Swift Energy Company Common Stock | holding | — | — | — | 230,087 | D | ||
| SFY Common Stock-401(k)F1 | holding | — | — | — | 0 | I | 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Based on statement dated 12/15/2015.
- F2The Issuer notified participants of the Swift Energy Company Employee Stock Ownership Plan (the ESOP) that it would be winding down the ESOP and that, absent an election, a default distribution would be implemented. On December 14, 2015, the Issuer notified the record keeper of the ESOP to proceed with the default distribution for the Reporting Person; the value reflected is the Fair Market Value of the Issuers common stock on the date of such notification.