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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1437557	Lilis Energy Inc.	LLEX	Crude Petroleum & Natural Gas (1311)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1716977	Daniel Mark Christensen	30A Hazelton Avenue 4Th Floor Toronto A6 M5R 2E2		Yes	No	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	2018-09-13	220,000	$1.30	677,143	No	4	X	Indirect	See Footnote
Common Stock	Disposition	2018-09-13	52,865	$5.41	624,278	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	X	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant (right to buy)	Disposition	2018-09-13	220,000	$0.00	220,000	$1.30

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2016-09-17	2018-09-17	No	4	X	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	23,954	Direct
Common Stock	1,138,446	Indirect	See Footnote
Common Stock	179,347	Indirect	See Footnote

Footnotes

These securities are held indirectly for the benefit of KES 7 Capital Inc., for which Reporting Person is the natural person with ultimate voting and dispositive power.
On September 13, 2018, the Reporting Person provided notice of exercise of warrants to purchase 220,000 shares of common stock for $1.30 per share on a cashless basis. Issuer executed the transaction on September 13, 2018, based on September 12, 2018 stock prices, resulting in issuer withholding 52,865 shares to pay the exercise price.
These securities are held indirectly by Trace Capital Inc. for which the Reporting Person's wife is the natural person with sole voting and dispositive power.
These securities referenced are held indirectly through Christensen GM&P Holding Corp., for which Reporting Person is the natural person with ultimate voting and dispositive power.
These securities are held by KES 7 Capital Inc., for which Reporting Person is the natural person with ultimate voting and dispositive power.