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Filing Details

Accession Number:: 0001104659-14-047531
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-06-20 17:59:57
Reporting Period:: 2014-06-18

Filing Date:: 2014-06-20
Accepted Time:: 2014-06-20 17:59:57
SEC Url:: Form 4 Filing

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
1231922	Iii R Antonio Sanchez	1111 Bagby Street, Suite 1800 Houston TX 77002	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-06-18	375,000	$35.25	879,472	No	4	S	Indirect	By Sanchez Oil & Gas Corporation
Common Stock	Disposition	2014-06-18	50,000	$35.25	0	No	4	S	Indirect	By TAEP Security Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Sanchez Oil & Gas Corporation
No	4	S	Indirect	By TAEP Security Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	407,000	Direct
Common Stock	371,836	Indirect	By 1988 Trust No. 11

Footnotes

The Common Stock was sold pursuant to an underwritten offering. The price to the public was $35.25 and underwriting discounts and commissions were $1.67.
On June 18, 2014, SEP Management I, LLC ("SEP Management") transferred 113,366 shares of Common Stock, for no consideration, to Sanchez Oil & Gas Corporation ("SOG"), resulting in a change in the form of beneficial ownership with no change in pecuniary interest, pursuant to Rule 16a-13 under the Securities Exchange Act of 1934. These 113,366 shares were owned directly by SEP Management before the transfer. SEP Management is a wholly-owned subsidiary of SOG. SOG is managed by A. R. Sanchez, Jr. and Reporting Person.
These shares are owned directly by SOG. SOG is managed by A. R. Sanchez, Jr. and Reporting Person. Reporting Person may be deemed to share voting and dispositive power over the shares held by SOG. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.
These shares are owned directly by TAEP Security Trust ("TAEP"), a life insurance trust of which A. R. Sanchez, Jr. and his wife are the settlors, Reporting Person and US Trust Co. of Texas (Bank of America) are co-trustees, and each child and grandchild of the settlors are the beneficiaries. As a co-trustee and beneficiary of TAEP, Reporting Person may be deemed to share voting and dispositive power over the shares held by TAEP. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.
These shares are owned directly by 1988 Trust No. 11. Reporting Person is a co-trustee, along with A. R. Sanchez, Jr., a beneficiary of 1988 Trust No. 11. Reporting Person may be deemed to share voting and dispositive power over the shares held by 1988 Trust No. 11. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.