SEC Form 4 · accession 0000899243-18-024692
Carbon Energy Corp · CRBO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yorktown Energy Partners XI, L.P.
10% Owner
Period of report
Nov 1, 2017
Accepted (ET)
Sep 18, 2018 · 6:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000086264
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per shareF1,F2,F3 | Nov 1, 2017 | M | 432,051 | — | A | 432,051 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF2 | — | Nov 1, 2017 | M | 432,051 | D | Apr 3, 2017 | Apr 3, 2024 | Common Stock, par value $0.01 per share | 432,051 | 0 | D |
Explanation of responses
- F1Shares received upon exercise of Warrant No. 2, issued on April 3, 2017 (the "CAC Warrant") to the reporting person.
- F2The consideration the reporting person paid for the full exercise of the CAC Warrant was the transfer and assignment to Carbon Natural Gas Company (the "Issuer") of 2,940 Class A Units of Carbon Appalachian Company, LLC, a Delaware limited liability company.
- F3These shares were inadvertently omitted from one Form 4 filed by the reporting person on April 9, 2018.