0001209191-17-026819.txt : 20170413
0001209191-17-026819.hdr.sgml : 20170413
20170413135452
ACCESSION NUMBER: 0001209191-17-026819
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170412
FILED AS OF DATE: 20170413
DATE AS OF CHANGE: 20170413
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ULTRA PETROLEUM CORP
CENTRAL INDEX KEY: 0001022646
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 400 N SAM HOUSTON PARKWAY E
STREET 2: SUITE 1200
CITY: HOUSTON
STATE: TX
ZIP: 77060
BUSINESS PHONE: 2818760120
MAIL ADDRESS:
STREET 1: 400 N SAM HOUSTON PARKWAY E
STREET 2: SUITE 1200
CITY: HOUSTON
STATE: TX
ZIP: 77060
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Johnson C Bradley
CENTRAL INDEX KEY: 0001518277
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33614
FILM NUMBER: 17760196
MAIL ADDRESS:
STREET 1: 363 N. SAM HOUSTON PARKWAY E. SUITE 1200
CITY: HOUSTON
STATE: TX
ZIP: 77060
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-04-12
0
0001022646
ULTRA PETROLEUM CORP
UPL
0001518277
Johnson C Bradley
400 N. SAM HOUSTON PARKWAY E. SUITE 1200
HOUSTON
TX
77060
0
1
0
0
Sr. V.P. Operations
Common Stock
2017-04-12
4
J
0
45265
0.00
D
0
D
Common Stock
2017-04-12
4
J
0
23609
0.00
A
23609
D
Restricted Stock Units
2017-04-12
4
A
0
627475
0.00
A
Common Stock
627475
627475
D
On April 29, 2016, the Issuer and each of its subsidiaries, including Keystone Gas Gathering, LLC, Ultra Resources, Inc., Ultra Wyoming, Inc., Ultra Wyoming LGS, LLC, UP Energy Corporation, UPL Pinedale, LLC and UPL Three Rivers Holdings, LLC (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 14, 2017, the Bankruptcy Court entered an order confirming the Debtors' Second Amended Joint Chapter 11 Plan of Reorganization, dated as of March 10, 2017 (as amended, modified or supplemented from time to time, the "Plan"), and on April 12, 2017 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.
On the Effective Date, all outstanding shares of the Issuer's common stock ("Old Common Stock") were cancelled and extinguished.
New shares of the Issuer's common stock, no par value per share (the "New Shares") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date under the Plan. The Reporting Person received 0.521562 New Shares for every share of Old Common Stock held by the Reporting Person on the Effective Date. The receipt of New Shares was involuntary, without consideration and in accordance with the Plan approved by the Bankruptcy Court. The number of New Shares listed for the Reporting Person also reflects a correction of an inadvertent error in the reporting of initial beneficial securities owned by the Reporting Person on the Form 3 for the Reporting Person filed May 2, 2016.
Each restricted stock unit ("Restricted Stock Unit") represents a contingent right to receive one New Share.
In accordance with the Plan, the Reporting Person received an award of Restricted Stock Units.
The Restricted Stock Units will vest as follows: (i) one-third (1/3) on the date such Restricted Stock Units are converted and the New Shares underlying such Restricted Stock Units are actually delivered to Reporting Person; (ii) one-third (1/3) if the enterprise value as provided for in the Plan (the "Enterprise Value") equals or exceeds $6.0 billion; and (iii) one-third (1/3) if the Enterprise Value equals or exceeds $6.6 billion.
/s/ Jeanette T. Bowen
2017-04-13