SEC Form 4 · accession 0001179110-15-009680
WARREN RESOURCES INC · WRES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Espy Paul Price
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 11, 2015 · 8:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000892986
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 10, 2015 | M | 3,904 | — | A | 65,602 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 10, 2015 | M | 3,904 | D | — | Jun 10, 2017 | Common Stock | 3,904 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") converts into Common Stock of Warren Resources, Inc. (the "Issuer") on a one-to-one basis
- F2On June 10, 2014, the Issuer issued RSUs to the reporting person. The RSUs granted on June 10, 2014 vest 1/3 on each anniversary of the issue date. The first 1/3 of the award vested on June 10, 2015.