0001209191-20-059847.txt : 20201120 0001209191-20-059847.hdr.sgml : 20201120 20201120205801 ACCESSION NUMBER: 0001209191-20-059847 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201118 FILED AS OF DATE: 20201120 DATE AS OF CHANGE: 20201120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lorentzatos Nickolas J CENTRAL INDEX KEY: 0001502361 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34776 FILM NUMBER: 201334103 MAIL ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 1500 CITY: HOUSTON STATE: TX ZIP: 77002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Oasis Petroleum Inc. CENTRAL INDEX KEY: 0001486159 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 1500 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 281-404-9500 MAIL ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 1500 CITY: HOUSTON STATE: TX ZIP: 77002 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-11-18 0 0001486159 Oasis Petroleum Inc. OAS 0001502361 Lorentzatos Nickolas J 1001 FANNIN ST, STE 1500 HOUSTON TX 77002 0 1 0 0 Executive VP, GC & Corp. Sec. Common Stock 2020-11-18 4 A 0 2500 0.00 A 68052 D Common Stock 2020-11-18 4 F 0 984 0.12 D 67068 D Common Stock 2020-11-18 4 A 0 9174 0.00 A 76242 D Common Stock 2020-11-18 4 F 0 3610 0.12 D 72632 D Common Stock 2020-11-19 4 D 0 72632 0.00 D 0 D Warrants (Rights to Buy) 94.57 2020-11-19 4 A 0 368 0.00 A 2020-11-19 2024-11-19 Common Stock 368 368 D Represents shares issuable to the reporting person in settlement of a grant of performance share units made on January 12, 2017. On November 18, 2020, these shares were determined to have been earned, and they vested on such date in connection with a change of control that occurred in connection with Oasis Petroleum Inc.'s voluntary cases under Chapter 11 of the U.S. Bankruptcy Code. Represents shares issuable to the reporting person in settlement of a grant of performance share units made on January 24, 2018. On November 18, 2020, these shares were determined to have been earned, and they vested on such date in connection with a change of control that occurred in connection with Oasis Petroleum Inc.'s voluntary cases under Chapter 11 of the U.S. Bankruptcy Code. On September 30, 2020, Oasis Petroleum Inc. ("Oasis") and certain of its affiliates (together with Oasis, the "Company") commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code ("Chapter 11") in the U.S. Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On November 10, 2020 the Bankruptcy Court entered an order confirming the Joint Prepackaged Chapter 11 Plan of Reorganization of Oasis and its Debtor Affiliates (as amended, modified or supplemented from time to time, the "Plan"). On November 19, 2020 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from Chapter 11. On the Effective Date, all outstanding shares of Oasis common stock were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court. On the Effective Date, pursuant to and under the Plan, the Reporting Person received warrants (the "Warrants") to purchase shares of outstanding common stock, par value $0.01 per share, of Oasis (the "New Common Stock"), in exchange for all of the Reporting Person's outstanding shares of Oasis Common Stock, which were cancelled and extinguished in accordance with the Plan. Each Warrant is exercisable for one share of New Common Stock from the date of issuance until 5:00 p.m., New York time, on the expiration date. The receipt of Warrants was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court. /s/ Nickolas J. Lorentzatos 2020-11-20