0000945764-20-000149.txt : 20200922 0000945764-20-000149.hdr.sgml : 20200922 20200922170136 ACCESSION NUMBER: 0000945764-20-000149 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200918 FILED AS OF DATE: 20200922 DATE AS OF CHANGE: 20200922 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rhoades Alan CENTRAL INDEX KEY: 0001467557 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12935 FILM NUMBER: 201190095 MAIL ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DENBURY INC CENTRAL INDEX KEY: 0000945764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752815171 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 9726732000 MAIL ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: DENBURY RESOURCES INC DATE OF NAME CHANGE: 19960102 FORMER COMPANY: FORMER CONFORMED NAME: NEWSCOPE RESOURCES LTD DATE OF NAME CHANGE: 19950627 4 1 wf-form4_160080848091948.xml FORM 4 X0306 4 2020-09-18 0 0000945764 DENBURY INC DEN 0001467557 Rhoades Alan 5320 LEGACY DRIVE PLANO TX 75024 0 1 0 0 VP & Chief Accounting Officer Common Stock 2020-09-18 4 D 0 366721 0 D 0 D Series B Warrants (Right to Buy) 35.41 2020-09-18 4 A 0 952 A 2023-09-18 Common Stock 952.0 952 D On July 30, 2020, Denbury Inc. (formerly known as "Denbury Resources Inc.") (the "Issuer") and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United State Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On September 2, 2020, the Bankruptcy Court entered an order confirming the Joint Chapter 11 Plan of Reorganization of Denbury Resources Inc. and its Debtor Affiliates (as amended, modified or supplemented from time to time, the "Plan"). On September 18, 2020 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11. On the Effective Date, all outstanding shares of the Issuer's common stock ("Existing Equity Interests") were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court. On the Effective Date, the Reporting Person also received series B warrants (the "Series B Warrants") to purchase shares of outstanding common stock, par value $0.001 per share, of the Issuer, as reorganized pursuant to and under the Plan (the "New Common Stock") in exchange for Existing Equity Interests held by the Reporting Person on the Effective Date at an effective exchange ratio of 0.00259485 of a Series B Warrant for each share of Exiting Equity Interest. The Series B Warrants are exercisable for one share of New Common Stock from the date of issuance until 5:00 p.m., New York time, on the expiration date. The receipt of Series B Warrants was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court. /s/ Robbie Hudson, attorney-in-fact for Mr. Rhoades 2020-09-22