SEC Form 4 · accession 0001140361-16-064124
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
May 6, 2016
Accepted (ET)
May 9, 2016 · 6:15 pm EDT
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 Stock | May 6, 2016 | S | 50,000 | $0.0258 | D | 509,313 | D | |
| Common Stock | May 6, 2016 | S | 103,295 | $0.0256 | D | 406,018 | D | |
| Common Stock | May 6, 2016 | S | 50,000 | $0.0258 | D | 356,018 | D | |
| Common Stock | holding | — | — | — | 29,950 | I | Through Spouse |
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 StockF1,F2 | — | May 6, 2016 | S | 8,000 | D | — | — | Common Stock | 40,000 | 3,600 | D |
Explanation of responses
- F1Depositary shares each representing a 1/1000th interest in a share of 10.00% Series E Cumulative Convertible Preferred Stock.
- F2The 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 shares of Series E Preferred Stock.