Sec Form 4 Filing - MILLER DAVID B @ HALCON RESOURCES CORP - 2012-03-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MILLER DAVID B
2. Issuer Name and Ticker or Trading Symbol
HALCON RESOURCES CORP [ HK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
3811 TURTLE CREEK BLVD., SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
03/31/2012
(Street)
DALLAS, TX75219
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/17/2012 J( 1 ) 73,333,332 ( 2 ) D $ 0 2 I See Footnotes 3 and 6 ( 3 ) ( 6 )
Common Stock 09/18/2012 S 40,250,000 ( 4 ) D $ 7 3,750,000 ( 4 ) I See Footnotes 5 and 6 ( 5 ) ( 6 )
Common Stock 5,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
8% Convertible Promissory Note $ 4.5 ( 7 ) 03/31/2012 J( 8 ) 02/08/2014 02/08/2017 Common Stock 719,753.09 ( 8 ) $ 278,238,888.89 D ( 3 ) ( 6 )
8% Convertible Promissory Note $ 4.5 ( 7 ) 06/30/2012 J( 9 ) 02/08/2014 02/08/2017 Common Stock 1,250,357.48 ( 9 ) $ 283,865,497.54 D ( 3 ) ( 6 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MILLER DAVID B
3811 TURTLE CREEK BLVD., SUITE 1000
DALLAS, TX75219
X X
Signatures
David B. Miller 09/19/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pro rata distribution from HALRES LLC ("HALRES") to its members for no consideration.
( 2 )On February 10, 2012, the issuer effected a 3-for-1 reverse split of its common stock, resulting in HALRES' ownership of 146,666,666 fewer shares of common stock.
( 3 )These securities are owned directly by HALRES. EnCap Energy Capital Fund VIII, L.P. ("EnCap Fund VIII") has the right to nominate a majority of the members of the board of managers of HALRES. The reporting person, Gary R. Petersen, D. Martin Phillips, and Robert L. Zorich may be deemed the beneficial owners of the securities held by HALRES by virtue of being members of RNBD GP, LLC ("RNBD"), the sole member of EnCap Investments GP, LLC ("EnCap Investments GP"), the general partner of EnCap Investments, L.P. ("EnCap Investments LP"), the general partner of EnCap Equity Fund VIII GP, L.P. ("EnCap Fund VIII GP"), the general partner of EnCap Fund VIII. The reporting person disclaims beneficial ownership in excess of his pecuniary interest in such securities.
( 4 )These shares were previously held by EnCap Fund VIII through HALRES and were distributed to EnCap Fund VIII on September 17, 2012 as a result of a pro rata distribution by HALRES to its members for no consideration.
( 5 )These securities are owned directly by EnCap Fund VIII. The reporting person, Gary R. Petersen, D. Martin Phillips, and Robert L. Zorich may be deemed the beneficial owners of the securities held by EnCap Fund VIII by virtue of being members of RNBD, the sole member of EnCap Investments GP, the general partner of EnCap Investments, L.P., the general partner of EnCap Fund VIII GP, the general partner of EnCap Fund VIII. The reporting person disclaims beneficial ownership in excess of his pecuniary interest in such securities.
( 6 )This report is filed in connection with the Form 4 jointly filed today by HALRES and Messrs. Zorich, Phillips and Petersen and the Form 4 jointly filed today by EnCap Fund VIII and Messrs. Zorich, Phillips and Petersen.
( 7 )On February 10, 2012, the issuer effected a 3-for-1 reverse split of its common stock, resulting in the conversion price of the 8% Convertible Promissory Note ("Note") increasing from $1.50 per share to $4.50 per share.
( 8 )Since February 8, 2012, HALRES has held the Note. Interest on the Note is payable on a quarterly basis and, at the election of the issuer, interest may be payable in kind by increasing the principal amount of the Note. This Form 4 is being filed to report the increase in the principal amount of the Note by an amount equal to the amount of interest paid-in-kind on March 31, 2012.
( 9 )This Form 4 is being filed to report the increase in the principal amount of the Note by an amount equal to the amount of interest paid-in-kind on June 30, 2012.

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