SEC Form 4 · accession 0001140361-16-078558
GOODRICH PETROLEUM CORP · GDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Walter G Goodrich
Officer — Chairman and CEO · Director
Period of report
Aug 30, 2016
Accepted (ET)
Sep 1, 2016 · 7:24 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 | Aug 30, 2016 | S | 10,341 | $0.027 | D | 349,560 | D | |
| Common Stock | Aug 31, 2016 | S | 7,608 | $0.0213 | D | 341,952 | D | |
| Common Stock | Aug 31, 2016 | S | 35,400 | $0.027 | D | 306,552 | D | |
| Common Stock | Aug 31, 2016 | S | 29,799 | $0.027 | D | 276,753 | D | |
| Common Stock | Aug 31, 2016 | S | 282,134 | $0.0209 | D | 99,275 | I | Goodrich Energy Inc. |
| Common Stock | holding | — | — | — | 100,000 | I | through spouse | |
| Common Stock | holding | — | — | — | 57,125 | I | HGF Partnership |
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 Cumulataive Convertible Preferred StockF1,F2 | — | Aug 31, 2016 | S | 8,000 | D | — | — | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1Depositary 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").
- 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 share of Series E Preferred Stock.