SEC Form 4 · accession 0001209191-16-145695
HARVEST NATURAL RESOURCES, INC. · HNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Irelan
Director
Period of report
Oct 7, 2016
Accepted (ET)
Oct 12, 2016 · 4:17 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 | Oct 7, 2016 | M | 93,023 | — | A | 165,690 | D | |
| Common Stock, $.01 par value per shareF2 | Oct 7, 2016 | D | 93,023 | $0.91 | D | 72,667 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F1,F4 | — | Oct 7, 2016 | M | 93,023 | D | Oct 7, 2016 | — | Common Stock, $.01 par value per share | 93,023 | 0 | 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.
- F3Due to a clerical error, this filing reflects the inadvertent omission to report Phantom Stock granted on September 15, 2016.
- F4Expiration Date not applicable.