Home > Insider Trading > Filing (0001104659-17-057236)

Filing Details

Accession Number:: 0001104659-17-057236
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-09-14 18:10:54
Reporting Period:: 2017-09-13

Accepted Time:: 2017-09-14 18:10:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1528837	Sanchez Energy Corp	SN	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1231922	Iii R Antonio Sanchez	1000 Main Street, Suite 3000 Houston TX 77002	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-09-13	100,000	$4.45	1,494,783	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	799,472	Indirect	By Sanchez Oil & Gas Corporation
Common Stock	371,836	Indirect	By 1988 Trust No. 11

Footnotes

Reporting Person's purchase of a portion of the reported shares may be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with the disposition, on June 16, 2017, by Sanchez Oil & Gas Corporation ("SOG") of a portion of the shares of the common stock of Sanchez Energy Corporation ("SN"), to the extent of Reporting Person's pecuniary interest therein. Accordingly, Reporting Person has agreed to pay to SN, upon settlement of the purchase, the full amount of the profit realized by Reporting Person in connection with the short-swing transaction.
This transaction was executed in multiple trades at prices ranging from $4.34 to $4.50. The price reported above reflects the weighted average purchase price. Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, SN or a security holder of SN full information regarding the number of shares and prices at which the transaction was effected.
These shares are owned directly by SOG. SOG is managed by Reporting Person and other members of the Sanchez family. Reporting Person may be deemed to share voting and dispositive power over the shares held by SOG. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.
These shares are owned directly by 1988 Trust No. 11. Reporting Person is a co-trustee, along with A. R. Sanchez, Jr., and a beneficiary of 1988 Trust No. 11. Reporting Person may be deemed to share voting and dispositive power over the shares held by 1988 Trust No. 11. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.