Joseph S Rinando, SVP of Halcon Resources Corporation, has just filed an initial statement of beneficial ownership where 65,005 shares of Halcon Resources Corporation were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Rinando. Rinando operates out of Houston, TX. Some additional info was provided as follows:
In accordance with the Plan approved by the Bankruptcy Court, the exercise price of the Options on was determined after the market closed on September 20, 2016. All other details of the Option grant were reported to the Securities and Exchange Commission on September 13, 2016.
The option vests in three equal annual installments beginning September 12, 2017.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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