SEC Form 4 · accession 0001140361-15-044690
GOODRICH PETROLEUM CORP · GDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Turnham Jr.
Officer — President & COO · Director
Period of report
Dec 11, 2015
Accepted (ET)
Dec 15, 2015 · 7:08 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 11, 2015 | M | 36,780 | — | A | 536,092 | D | |
| Common StockF1 | Dec 11, 2015 | M | 14,410 | — | A | 550,502 | D | |
| Common StockF1 | Dec 11, 2015 | M | 21,615 | — | A | 572,117 | D | |
| Common Stock | Dec 11, 2015 | F | 19,914 | $0.23 | D | 552,203 | D | |
| Common Stock | holding | — | — | — | 29,950 | I | Through Spouse | |
| Depositary SharesF4 | holding | — | — | — | 4,000 | D | ||
| Depositary SharesF5 | 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 11, 2015 | M | 36,780 | D | Dec 11, 2015 | Dec 11, 2015 | Common Stock | 36,780 | 0 | D |
| Phantom StockF3,F1 | — | Dec 11, 2015 | M | 14,410 | D | Dec 11, 2015 | Dec 11, 2015 | Common Stock | 14,410 | 14,410 | D |
| Phantom StockF3,F1 | — | Dec 11, 2015 | M | 21,615 | D | Dec 11, 2015 | Dec 11, 2015 | Common Stock | 21,615 | 21,615 | D |
| 5.375% Series B Convertible Preferred StockF6 | — | holding | — | — | — | — | — | Common Stock | 4,784 | 3,000 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of GDP common stock.
- F2On December 11, 2015, the reporting person settled one-third of the shares of phantom stock that were granted to him on December 11, 2012.
- F3On December 11, 2015, the reporting person settled one-third of the shares of phantom stock that were granted to him on December 10, 2013.
- F4Depositary shares each representing a 1/100th interest in a share of 10.00% Series C Cumulative Preferred Stock.
- F5Depositary shares each representing a 1/100th interest in a share of 9.75% Series D Cumulative Preferred Stock.
- F6The Series B Convertible Preferred Stock has no expiration date and is convertible at any time into common stock at a rate of 1.5946 per share.