SEC Form 4 · accession 0001209191-15-061507
HARVEST NATURAL RESOURCES, INC. · HNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Chesebro
Director
Period of report
Jul 16, 2015
Accepted (ET)
Jul 17, 2015 · 4:25 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 | Jul 16, 2015 | M | 17,857 | — | A | 467,378 | D | |
| Common Stock, $.01 par value per shareF2 | Jul 16, 2015 | D | 17,857 | $1.42 | D | 449,521 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F4 | — | Jul 16, 2015 | M | 17,857 | D | Jul 16, 2015 | Jul 16, 2015 | Common Stock, $.01 par value per share | 17,857 | 5,000 | D |
| Stock OptionsF3 | — | holding | — | — | — | — | — | Common Stock, $.01 par value per share | — | 5,000 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of HNR common stock. The Company settled such phantom stock for cash. Although reflected in Table I, no common stock was actually acquired or disposed of.
- F2Includes shares of restricted stock granted to the reporting person by the Company's board of directors pursuant to various plans.
- F3Options to purchase the Company's common stock granted pursuant to the Company's 2006 Long-Term Incentive Plan.
- F4Includes options to purchase the Company's common stock pursuant to the Company's 2006 Long-Term Incentive Plan and Phantom Stock Unit Awards granted.