Starzer Michael R 4
4 · Bonanza Creek Energy, Inc. · Filed Mar 29, 2013
Insider Transaction Report
Form 4
Starzer Michael R
DirectorPresident & CEO
Transactions
- Award
Common Stock
2013-03-28+24,910→ 391,957 total - Award
Performance Shares
2013-03-28+8,303→ 8,303 totalExp: 2015-12-31→ Common Stock (8,303 underlying)
Holdings
- 1,602,753(indirect: By LLC)
Common Stock
- 98,067(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Includes (i) 290,923 shares of common stock and (ii) 101,034 shares of restricted common stock subject to vesting.
- [F2]1,602,753 shares of common stock held by Bonanza Creek Oil Company, LLC ("BCOC"), for which Mr. Starzer serves as a co-manager. Mr. Starzer disclaims beneficial ownership of shares of the BCOC in which he does not have a pecuniary interest.
- [F3]Each performance share represents a contingent right to receive 0-200% of that number of shares of common stock. The amount listed represents what the Reporting Person would recieve at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.