Key facts
- This page summarizes Walter R. Mayer's Form 4 filing for BATTALION OIL CORP (BATL).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 07 Mar 2025, 20:05.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Other
Additional SEC filing notes
Footnote F1
Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock, which, pursuant to the Issuer's 2020 Long-Term Incentive Plan, at the election of the Issuer will be settled in cash.
Footnote F2
The scheduled vesting of the Restricted Stock Units occurred on Feb. 20, 2024, and settlement in cash has been resolved to be paid on Mar. 11, 2025.
Footnote F3
On Sep. 23 and Nov. 22, 2024, the Reporting Person filed Form 4s reporting awards of 18,322 and 2,290 Equity Grant Units ("EGU"), respectively. Each EGU represents the right to receive a cash payment equivalent to the value of a share of the Issuer's common stock upon the satisfaction of certain conditions.
Footnote F4
Effective Mar. 5, 2025, the Reporting Person agreed to forfeit, waive and nullify any and all rights associated with EGUs; accordingly, the Issuer rescinded the award and the associated EGUs were cancelled.