SEC Form 4 · accession 0001140361-15-045138
GOODRICH PETROLEUM CORP · GDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Josiah T Austin
Director
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 6:48 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 |
|---|---|---|---|---|---|---|---|---|
| 9.75% Series D Cumulative Preferred StockF2,F1,F3 | Dec 16, 2015 | S$0 | 13,912 | — | D | 0 | D | |
| Common StockF1 | holding | — | — | — | 316,642 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10.00% Series E Cumulative Convertible Preferred StockF4,F3,F5 | — | Dec 16, 2015 | P | 13,912 | A | — | — | Common Stock | 69,560 | 13,912 | D |
Explanation of responses
- F1Since the date of the reporting person's last ownership report, he transferred 1,737,390 shares of GDP common stock, 60,000 shares of the Company's Series C Preferred Stock and 70,000 shares of the Company's Series D Preferred stock to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- F2Depositary shares each representing a 1/1000th ownership interest in a share of 9.75% Series D Cumulative Preferred Stock.
- F3The reporting person disposed of 13,912 depositary shares each representing a 1/1000th interest in a share of 9.75% Series D Cumulative Preferred Stock in exchange for 13,912 depositary shares each representing a 1/1000th ownership interest in a share of Series E Preferred Stock.
- F4Depositary shares each representing a 1/1000th ownership interest in a share of 10.00% Series E Cumulative Convertible Preferred Stock (the "Series E Preferred Stock").
- F5The Series E Preferred Stock has no expiration date and is convertible at any time, at the holder's election, into Goodrich Petroleum Corporation common stock at a rate of 5.0 shares of common stock per depositary share of Series E Preferred Stock.