Home > Insider Trading > Filing (0001402281-16-000032)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1402281	Erin Energy Corp.	ERN	Drilling Oil & Gas Wells (1381)	300349798

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1617515	Public Investment Corp (Soc) Ltd	Block C, Riverwalk Office Park 41 Matroosberg Road Menlo Park, Pretoria South Afri		No	No	Yes	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	2014-05-06	188,442,211	$0.72	376,884,422	No	4	P	Direct
Common Stock	Acquisiton	2014-05-29	166,667	$0.60	377,051,089	No	4	A	Direct

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

Footnotes

Shares of Common Stock issued pursuant to Share Purchase Agreement dated November 18, 2013, as previously reported in Issuer's Quarterly Report on Form 10-Q filed May 9, 2014.
Common Stock granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 100% of the shares will become vested and nonforfeitable on the twelve (12) month anniversary of May 29, 2014 (the "Vesting Commencement"), subject to continued service of Reporting Person's representative as a member of the Company's Board of Directors and subject to the terms and conditions of a Restricted Stock Purchase Agreement entered into between the Company and the Grantee.
The reporting person Dr. Daniel M. Matjila is currently the Chief Executive Officer and an Executive Director of the reporting entity Public Investment Corporation (SOC) Limited. Pursuant to an agreement between Dr. Matjila and Public Investment Corporation (SOC) Limited, Dr. Matjila assigned any compensation he received from the Company to Public Investment Corporation (SOC) Limited. Dr. Matjila disclaims beneficial ownership of such shares.