4//SEC Filing
LILIS ENERGY, INC. 4
Accession 0001213900-16-016363
CIK 0001437557operating
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 6:00 PM ET
Size
8.5 KB
Accession
0001213900-16-016363
Insider Transaction Report
Form 4
Dawson R Glenn
Director
Transactions
- Purchase
Series B 6% Convertible Preferred Stock
2016-08-22+125→ 125 total→ Common Stock (113,636 underlying) - Purchase
Warrant (Right to Buy)
2016-08-22+1→ 1 totalExercise: $2.50→ Common Stock (56,819 underlying)
Footnotes (5)
- [F1]The Series B 6% Convertible Preferred Stock is convertible into the issuer's common stock at a rate determined by dividing the stated value ($1,000) by $1.10.
- [F2]The Series B 6% Convertible Preferred Stock is exercisable immediately upon issuance, subject to certain conditions including the receipt of requisite stockholder approval pursuant to the Certificate of Designation.
- [F3]The Series B 6% Convertible Preferred Stock has no expiration date.
- [F4]The reporting person purchased 125 shares of Series B 6% Convertible Preferred Stock and a warrant to purchase 56,819 shares of the issuer's common stock for an aggregate purchase price of $125,000.
- [F5]The Warrant has a term of two years and exercisable immediately upon issuance, subject to certain conditions including the receipt of requisite stockholder approval pursuant to the terms of the Warrant.
Documents
Issuer
LILIS ENERGY, INC.
CIK 0001437557
Entity typeoperating
Related Parties
1- filerCIK 0001437557
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 6:00 PM ET
- Size
- 8.5 KB