SEC Form 4 · accession 0001104659-16-149768
CLAYTON WILLIAMS ENERGY INC /DE · CWEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Lyon
Officer — VP-Gas Gathering/Marketing
Period of report
Oct 10, 2016
Accepted (ET)
Oct 12, 2016 · 12:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.10 par valueF1 | Oct 10, 2016 | S | 5,000 | $90.41 | D | 17,044 | D | |
| Common Stock, $.10 par valueF2 | holding | — | — | — | 19,495 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Colum 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.22 to $90.69 inclusive. The undersigned undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Indirect ownership held as follows: 10,000 shares by RCL Properties LLLP in which each of the reporting person and his spouse is a general partner of the partnership that owns the reported securities and the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein; 2,500 shares by Ellersly, Inc., a corporation in which Mr. Lyon's family holds all of the common stock and which Mr. Lyon is president and controls the majority of the stock; and 6,995 shares held in the Company's 401(k) Plan and Trust as of October 11, 2016.