Accession Number: | 0001209191-16-124074 |
Date: | 2016-05-25 |
Issuer: | OASIS PETROLEUM INC. (OAS) |
Original Submission Date: |
REID TAYLOR L
1001 FANNIN ST, STE 1500
HOUSTON, TX 77002
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2016-05-25 | S | 50,000 | d | $10.15 | 1,231,981 | direct | ||
COMMON STOCK | 2016-05-26 | G | 5,000 | d | $0.00 | 1,226,981 | direct | ||
COMMON STOCK | 2016-05-25 | 0 | $0.00 | 525,000 | indirect | f3 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | represents weighted average price of open market same day sales. sales of shares took place at actual prices ranging from $10.12 to $10.21 per share. |
f2 | full information regarding the number of shares sold at each separate price will be provided upon request by the commission staff, oasis petroleum inc. or an oasis petroleum inc. shareholder. |
f3 | a limited partnership formed for family investment purposes. the sole general partner of west bay, a texas limited liability company, is controlled by the reporting person and his wife, and the limited partners of west bay consist of the reporting person, his immediate family members and trusts formed for their benefit. |