Matthew Steele - 05 Mar 2025 Form 4 Insider Report for BATTALION OIL CORP (BATL)

Role
Chief Executive Officer
Signature
/s/ Walter R. Mayer, Attorney-in-fact
Issuer symbol
BATL
Transactions as of
05 Mar 2025
Transactions value $
$0
Form type
4
Filing time
07 Mar 2025, 20:09:23 UTC
Previous filing
23 Sep 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BATL Equity Grant Units Other $0 -50.4K -100% $0.00 0 05 Mar 2025 Common Stock 50.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On Sep. 23, 2024, the Reporting Person filed a Form 4 reporting an award 50,385 Equity Grant Units ("EGU"). Each EGU represents the right to receive a cash payment equivalent to the value of a share of the Issuer's common stock upon the satisfaction of certain conditions.
F2 Effective Mar. 5, 2025, the Reporting Person agreed to forfeit, waive and nullify any and all rights associated with EGUs; accordingly, the Issuer rescinded the award and the associated EGUs were cancelled.