Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-16-124074
Date:2016-05-25
Issuer: OASIS PETROLEUM INC. (OAS)
Original Submission Date:

Reporting Person:

REID TAYLOR L
1001 FANNIN ST, STE 1500
HOUSTON, TX 77002

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
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