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Filing Details

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
1601825	Christopher Heinson	1000 Main Street, Suite 3000 Houston TX 77002	Svp And Coo	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
Common Stock	Acquisiton	2018-03-01	16,349	$0.00	595,371	No	4	M	Direct
Common Stock	Disposition	2018-03-01	16,349	$3.03	579,022	No	4	D	Direct
Common Stock	Disposition	2018-03-02	6,540	$2.98	572,482	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	D	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Phantom Stock	Disposition	2018-03-01	16,349	$0.00	16,349	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2018-03-01	2018-03-01	No	4	M	Direct

Footnotes

Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock, par value $0.01 per share. The Reporting Person settled his shares of phantom stock for cash.
The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person and was used to satisfy the Reporting Person's federal income tax obligations with respect to the vesting of equity awards.
Phantom stock is payable only in cash, which vests in equal annual increments over a five year period.