Walter G. Goodrich - Dec 23, 2021 Form 4 Insider Report for GOODRICH PETROLEUM CORP (GDP)

Signature
/s/ Walter G. Goodrich
Stock symbol
GDP
Transactions as of
Dec 23, 2021
Transactions value $
-$15,590,619
Form type
4
Date filed
12/23/2021, 03:13 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDP Common Stock Gift $0 -15.5K -2.24% $0.00 678K Dec 15, 2021 Direct
transaction GDP Common Stock Disposition pursuant to a tender of shares in a change of control transaction -$15.6M -678K -100% $23.00 0 Dec 23, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Walter G. Goodrich is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Merger Agreement, all of the reporting person's shares of the Issuer's common stock were tendered and disposed of at the Acceptance Time in exchange for the right to receive $23.00 per share.

Remarks:

Capitalized terms used herein without definition have the meanings ascribed to them in the Agreement and Plan of Merger, dated as of November 21, 2021, among the Issuer, Paloma Partners VI Holdings, LLC and Paloma VI Merger Sub, Inc. (the "Merger Agreement").