FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Magnolia Oil & Gas Corp [ MGY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/13/2018 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 12/13/2018 | P | 20,000 | A | (1) | 1,742,783(2) | D | |||
Class A Common Stock | 12/14/2018 | P | 45,000 | A | (3) | 1,787,783 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants (option to buy) | $11.5 | 12/13/2018 | P | 10,000 | 12/13/2018 | 07/31/2023 | Class A Common Stock | 10,000 | (4) | 131,952.33 | D | ||||
Warrants (option to buy) | $11.5 | 12/14/2018 | P | 20,000 | 12/14/2018 | 07/31/2023 | Class A Common Stock | 20,000 | $2.95(5) | 151,952.33 | D |
Explanation of Responses: |
1. On December 13, 2018, Mr. Chazen acquired, at a weighted average price of $11.195187 per share, 20,000 shares of the issuer's Class A common stock. Such shares were purchased in multiple transactions at prices ranging from $11.1319 to $11.30, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares or warrants, as applicable, acquired at each separate price within the ranges set forth in footnotes (1), (3) and (4) to this Form 4. |
2. On September 17, 2018, Mr. Chazen filed a Form 4 that inadvertently reported that, following his purchase of 10,000 shares of the issuer's Class A common stock, he owned 1,700,931 shares. In fact, Mr. Chazen directly owned 1,722,783 shares of the issuer's Class A common stock. Following his purchase of an aggregate of 20,000 shares of the issuer's Class A common stock on December 13, 2018, he owned 1,742,783 shares. |
3. On December 14, 2018, Mr. Chazen acquired, at a weighted average price of $11.09662 per share, 45,000 shares of the issuer's Class A common stock. Such shares were purchased in multiple transactions at prices ranging from $11.00 to $11.20, inclusive. |
4. On December 13, 2018, Mr. Chazen acquired, at a weighted average price of $2.985 per warrant, 10,000 of the issuer's publicly traded warrants. Such warrants were purchased in multiple transactions at prices ranging from $2.97 to $3.00, inclusive. |
5. On December 14, 2018, Mr. Chazen acquired 20,000 of the issuer's publicly traded warrants in multiple transactions, each at a price of $2.95 per warrant. |
Remarks: |
Exhibit 24 - Power of Attorney |
/s/ Timothy D. Yang | 12/17/2018 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |