0001209191-20-048214.txt : 20200825 0001209191-20-048214.hdr.sgml : 20200825 20200825161326 ACCESSION NUMBER: 0001209191-20-048214 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200821 FILED AS OF DATE: 20200825 DATE AS OF CHANGE: 20200825 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Andrews Richard Kevin CENTRAL INDEX KEY: 0001822498 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35467 FILM NUMBER: 201132407 MAIL ADDRESS: STREET 1: 1000 LOUISIANA ST STREET 2: SUITE 6600 CITY: HOUSTON STATE: TX ZIP: 77002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BATTALION OIL CORP CENTRAL INDEX KEY: 0001282648 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 200700684 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1000 LOUISIANA STREET, SUITE 6600 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 832-538-0300 MAIL ADDRESS: STREET 1: 1000 LOUISIANA STREET, SUITE 6600 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: HALCON RESOURCES CORP DATE OF NAME CHANGE: 20120209 FORMER COMPANY: FORMER CONFORMED NAME: RAM ENERGY RESOURCES INC DATE OF NAME CHANGE: 20060518 FORMER COMPANY: FORMER CONFORMED NAME: TREMISIS ENERGY ACQUISITION CORP DATE OF NAME CHANGE: 20040304 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-08-21 0 0001282648 BATTALION OIL CORP BATL 0001822498 Andrews Richard Kevin 1000 LOUISIANA ST SUITE 6600 HOUSTON TX 77002 0 1 0 0 EVP, CFO and Treasurer Employee Stock Option (Right to Buy) 18.91 2020-08-21 4 A 0 26564 0.00 A 2027-08-21 Common Stock 26564 26564 D Employee Stock Option (Right to Buy) 28.23 2020-08-21 4 A 0 26564 0.00 A 2027-08-21 Common Stock 26564 26564 D Employee Stock Option (Right to Buy) 37.83 2020-08-21 4 A 0 26564 0.00 A 2027-08-21 Common Stock 26564 26564 D Restricted Stock Unit 2020-08-21 4 A 0 26564 0.00 A Common Stock 26564 26564 D Restricted Stock Unit 2020-08-21 4 A 0 26564 0.00 A Common Stock 26564 26564 D Restricted Stock Unit 2020-08-21 4 A 0 53128 0.00 A Common Stock 53128 53128 D All awards are pursuant to the Battalion Oil Corporation 2020 Long-Term Incentive Plan ("the LTIP") approved and adopted by the Board of Directors. The Reporting Person received an award of stock options ("Options"). The exercise price per share of the Options will be equal to an Issuer equity value of $335.0 million divided by the number of shares outstanding. The Options vest in four equal annual installments beginning February 20, 2021. The Reporting Person received an award of stock options ("Options"). The exercise price per share of the Options will be equal to an Issuer equity value of $500.0 million divided by the number of shares outstanding. The Options vest in four equal annual installments beginning February 20, 2021. The Reporting Person received an award of stock options ("Options"). The exercise price per share of the Options will be equal to an Issuer equity value of $670.0 million divided by the number of shares outstanding. The Options vest in four equal annual installments beginning February 20, 2021. The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in four equal annual installments beginning August 21, 2021. The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in full only upon the achievement of certain business combination goals. The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock, subject to a decrease to zero based on the Issuer's total shareholder return relative to the total shareholder return of certain of its peer companies over the four-year period ending on February 20, 2024 (the "Performance Period".) The RSUs vest at the end of the Performance Period. Walter R. Mayer, Attorney-in-fact 2020-08-25