SEC Form 4 · accession 0001209191-15-061501
HARVEST NATURAL RESOURCES, INC. · HNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Haynes
Officer — Vice President
Period of report
May 17, 2015
Accepted (ET)
Jul 17, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000845289
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per shareF1,F2,F3,F4 | May 17, 2015 | M | 23,000 | — | A | 63,404 | D | |
| Common Stock, $.01 par value per shareF3 | May 17, 2015 | D | 23,000 | $1.44 | D | 40,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F9 | — | May 17, 2015 | M | 23,000 | D | May 17, 2015 | May 17, 2015 | Common Stock, $0.1 par value per share | 23,000 | 448,100 | D |
| Stock OptionsF5,F6 | — | holding | — | — | — | — | — | Common Stock, $0.1 par value per share | — | 291,100 | D |
| Stock Appreciation RightF8,F7 | — | holding | — | — | — | — | — | Common Stock, $0.1 par value per share | — | 382,100 | D |
Explanation of responses
- F1Due to a clerical error, this filing reflects the inadvertent omission to report Phantom Stock vested on May 17, 2015.
- F2Each share of phantom stock is the economic equivalent of one share of HNR common stock. The Company settled such phantom stock for cash on June 26, 2015. Although reflected in Table I, no common stock was actually acquired or disposed of.
- F3Includes shares of restricted stock granted to the reporting person by the Company's board of directors pursuant to various plans.
- F4Since the date of the reporting person's last ownership filing, an allocation of 29,529 shares of common stock beneficially owned by him was transferred to his ex-wife, authorized by a domestic relations order. The reporting person no longer reports as beneficially owning such common stock now owned by his ex-wife.
- F5Includes options to purchase the Company's common stock granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.
- F6The following options expired by their own terms: 50,000 on 5/18/2015 and 35,900 on 5/20/2015.
- F7Includes Stock Appreciation Rights granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.
- F8Includes options to purchase the Company's common stock and Stock Appreciation Rights granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.
- F9Includes options to purchase the Company's common stock, Stock Appreciation Rights and Phantom Stock (Restricted Stock Units) granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.