SEC Form 4 · accession 0001140361-15-044303
GOODRICH PETROLEUM CORP · GDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter G Goodrich
Officer — Vice Chairman and CEO · Director
Period of report
Dec 9, 2015
Accepted (ET)
Dec 11, 2015 · 6:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000943861
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 9, 2015 | M | 34,826 | — | A | 304,386 | D | |
| Common Stock | Dec 9, 2015 | F | 9,525 | $0.25 | D | 294,861 | D | |
| Common Stock | holding | — | — | — | 100,000 | I | through Spouse | |
| Common Stock | holding | — | — | — | 381,409 | I | Goodrich Energy Inc. | |
| Common Stock | holding | — | — | — | 57,125 | I | HGF Partnership | |
| Depositary SharesF3 | holding | — | — | — | 4,000 | D | ||
| Depositary SharesF4 | holding | — | — | — | 4,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1 | — | Dec 9, 2014 | M | 34,826 | D | Dec 9, 2015 | Dec 9, 2015 | Common Stock | 34,826 | 69,652 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of GDP common stock.
- F2On December 9, 2015, the reporting person settled one-third of the shares of phantom stock that were granted to him on December 9, 2014.
- F3Depositary shares each representing a 1/100th interest in a share of 10.00% Series C Cumulative Preferred Stock.
- F4Depositary shares each representing a 1/100th interest in a share of 9.75% Series D Cumulative Preferred Stock.