Filing Details

Accession Number:
0001104659-17-057452
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-15 18:52:54
Reporting Period:
2017-09-14
Accepted Time:
2017-09-15 18:52:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1528837 Sanchez Energy Corp SN Crude Petroleum & Natural Gas (1311) 453090102
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1638306 D. Patricio Sanchez 1000 Main Street, Suite 3000
Houston TX 77002
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-09-14 222,000 $4.51 473,485 No 4 P Direct
Common Stock Acquisiton 2017-09-15 98,000 $4.64 571,485 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 371,836 Indirect By 1988 Trust No. 14
Footnotes
  1. 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, to the extent of 35,170 shares of common stock of Sanchez Energy Corporation ("SN"), with the disposition, on April 18, 2017, by Reporting Person of 35,170 shares of SN common stock. 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.
  2. This transaction was executed in multiple trades at prices ranging from $4.495 to $4.530. 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.
  3. This transaction was executed in multiple trades at prices ranging from $4.585 to $4.710. 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.
  4. These shares are owned directly by 1988 Trust No. 14. Reporting Person is a co-trustee, along with A. R. Sanchez, Jr., and a beneficiary of 1988 Trust No. 14. Reporting Person may be deemed to share voting and dispositive power over the shares held by 1988 Trust No. 14. 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.