Filing Details

Accession Number:
0001179110-13-011537
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-07-03 17:26:07
Reporting Period:
2013-06-28
Filing Date:
2013-07-03
Accepted Time:
2013-07-03 17:26:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1509589 Bonanza Creek Energy Inc. BCEI Crude Petroleum & Natural Gas (1311) 611630631
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1537190 R Michael Starzer C/O Bonanza Creek Energy, Inc.
410 17Th Street, Suite 1400
Denver CO 80202
President & Ceo Yes 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 Disposition 2013-06-28 1,602,753 $0.00 0 No 5 J Indirect By Bonanza Creek Oil Company, LLC
Common Stock Acquisiton 2013-06-28 154,287 $0.00 546,244 No 5 J Direct
Common Stock Disposition 2013-07-01 100,000 $35.56 446,244 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 J Indirect By Bonanza Creek Oil Company, LLC
No 5 J Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 98,067 Indirect By the Starzer Revocable Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Shares $0.00 2015-12-31 8,303 8,303 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-12-31 8,303 8,303 Direct
Footnotes
  1. Represents shares formerly held by Bonanza Creek Oil Company, LLC ("BCOC"), of which Mr. Starzer is a member and serves as a co-manager, distributed to members of BCOC, including 154,287 shares distributed to Mr. Starzer (see note (2)). In prior reports, Mr. Starzer reported beneficial ownership of all of these shares as a co-manager of BCOC.
  2. Represents previously issued and outstanding shares held by BCOC, of which Mr. Starzer is a member and co-manager, and distributed by BCOC to Mr. Starzer and the other members of BCOC based on each such member's respective ownership interest in BCOC. In prior reports, Mr. Starzer reported beneficial ownership of these shares, together with all other shares held by BCOC, as a co-manager of BCOC.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.05 to $35.81, inclusive. The reporting person undertakes to provide Bonanza Creek Energy, Inc., any security holder of Bonanza Creek Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each seperate price within the range set forth in this footnote to this Form 4.
  4. The sales reported on this Form 4 were effected pursuant to a Rule 10b-5-1 trading plan adopted by the reporting person.
  5. Includes (i) 345,210 shares of common stock and (ii) 101,034 shares of restricted common stock subject to vesting.
  6. Each performance share represents a contingent right to receive 0-200% of that number of shares of common stock. The amount listed represents what the Reporting Person would recieve at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.