Franklin Resources Inc - Dec 23, 2021 Form 4 Insider Report for GOODRICH PETROLEUM CORP (GDPM)

Role
10%+ Owner
Signature
Virginia E. Rosas, Assistant Secretary of Franklin Resources, Inc.
Stock symbol
GDPM
Transactions as of
Dec 23, 2021
Transactions value $
-$82,383,999
Form type
4
Date filed
12/28/2021, 10:30 AM
Previous filing
Dec 13, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDPM Common Stock Disposition pursuant to a tender of shares in a change of control transaction -$82.4M -3.58M -100% $23.00* 0 Dec 23, 2021 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Persons tendered their shares in the Tender Offer by Paloma VI Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Paloma Partners VI Holdings, LLC, for any and all of the issued and outstanding shares of Goodrich Petroleum Corporation, a Delaware corporation, at a price of US $23.00 per Share in cash, without interest, less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated November 24, 2021, and in the related Letter of Transmittal. The Tender Offer expired at 12:00 A.M. midnight, New York City time, on December 23, 2021.
F2 See Exhibits 99-1 and 99-2 for text of footnote, which Exhibits are incorporated by reference herein.

Remarks:

ex99-1.txt, ex99-2.txt