0001402281-16-000149.txt : 20160819 0001402281-16-000149.hdr.sgml : 20160819 20160819174841 ACCESSION NUMBER: 0001402281-16-000149 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160817 FILED AS OF DATE: 20160819 DATE AS OF CHANGE: 20160819 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Erin Energy Corp. CENTRAL INDEX KEY: 0001402281 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 300349798 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1330 POST OAK BLVD STREET 2: SUITE 2250 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-797-2940 MAIL ADDRESS: STREET 1: 1330 POST OAK BLVD STREET 2: SUITE 2250 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: CAMAC Energy Inc. DATE OF NAME CHANGE: 20100414 FORMER COMPANY: FORMER CONFORMED NAME: Pacific Asia Petroleum Inc DATE OF NAME CHANGE: 20070607 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Omidele Segun CENTRAL INDEX KEY: 0001529417 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34525 FILM NUMBER: 161843885 MAIL ADDRESS: STREET 1: 1330 POST OAK BLVD. STREET 2: SUITE 2575 CITY: HOUSTON STATE: TX ZIP: 77056 4 1 wf-form4_147164330887138.xml FORM 4 X0306 4 2016-08-17 0 0001402281 Erin Energy Corp. ERN 0001529417 Omidele Segun 1330 POST OAK BLVD., SUITE 2250 HOUSTON TX 77056 1 1 0 0 Chief Executive Officer Common Stock 2016-08-17 4 M 0 70581 2.04 A 679329 D Common Stock 2016-08-17 4 F 0 54334 2.6347 D 624995 D Common Stock 2016-08-17 4 D 0 16247 2.6347 D 608748 D Common Stock 2016-08-19 4 M 0 147057 2.04 A 755805 D Common Stock 2016-08-19 4 F 0 111109 2.70 D 644696 D Incentive Stock Option (Right to Buy) 2.04 2016-08-17 4 M 0 70581 0 D 2012-09-01 2016-09-01 Common Stock 70581.0 4264724 D Incentive Stock Option (Right to Buy) 2.04 2016-08-19 4 M 0 147057 0 D 2012-09-01 2016-09-01 Common Stock 147057.0 4117667 D Issued upon exercise of incentive stock options granted to Reporting Person under the Issuer's 2009 Equity Incentive Plan. Corresponds to the exercise price of the stock option. Reporting person sold these shares at an average price of $2.6347. Represents the number of shares sold by the Reporting Person to cover payment of the exercise cost and tax withholding obligations arising from the exercise, in connection with the exercise of an incentive stock option granted to Reporting person on September 1, 2011 pursuant to the Issuer's 2009 Equity Incentive Plan. This sale is made to satisfy payment of the exercise cost and tax withholding obligations funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. Reporting Person received 35,948 shares of the Issuer's Common Stock upon net share settlement of Reporting Person's exercise of options to purchase 147,057 shares of Issuer's Common Stock, with the remaining 111,109 shares being retained by the Issuer to pay the exercise cost arising from the exercise in connection with the net settlement of the incentive stock option and does not represent a sale by the Reporting Person. /s/ Jean-Michel Malek, Attorney-In-Fact 2016-08-19