Home > Insider Trading > Filing (0001013594-19-000625)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1375063	Synthesis Energy Systems Inc	SYMX	()	DE

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1035674	Paulson & Co. Inc.	1133 Avenue Of The Americas 33Rd Floor New York NY 10036		No	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	2019-10-15	15,625	$6.00	171,875	No	4	X	Indirect	(1)
Common Stock	Disposition	2019-10-15	6,227	$15.05	165,648	No	4	S	Indirect	(1)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	X	Indirect	(1)
No	4	S	Indirect	(1)

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants	Disposition	2019-10-15	15,625	$0.00	15,625	$6.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2017-10-24	2022-10-24	No	4	X	Indirect

Footnotes

Paulson & Co. Inc. ("Paulson") is an investment advisor registered under the Investment Advisors Act of 1940, as amended. Paulson is the investment manager of an investment fund (the "Fund"). John Paulson is the controlling person of Paulson. All securities reported on this Form 4 are owned by the Fund. Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Fund. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form.
On October 15, 2019, the reporting person exercised warrants to purchase 15,625 shares of the issuer's commons stock. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 6,227 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 9,398 shares of common stock.
In October 2019, the exercise price of the warrant was adjusted to $6.00.