SEC Form 4 · accession 0001593968-18-001110
SILVERBOW RESOURCES, INC. · SBOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven W Adam
Officer — EVP and COO
Period of report
Aug 9, 2018
Accepted (ET)
Aug 13, 2018 · 6:36 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 9, 2018 | A | 4,000 | $0.00 | A | 53,799 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $31.14 | Aug 9, 2018 | A | 32,720 | A | Aug 9, 2019 | Aug 9, 2028 | SilverBow Resources Common Stock | 32,720 | 32,720 | D |
Explanation of responses
- F1The restricted stock units vest annually in three equal installments beginning on the first anniversary of the grant date. Vested shares will be delivered to the reporting person within 30 days of each vest date.
- F2The stock option vests annually in three equal installments beginning on the first anniversary of the grant date.