Sec Form 4 Filing - SEGNER EDMUND P III @ HighPoint Resources Corp - 2021-04-01

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
SEGNER EDMUND P III
2. Issuer Name and Ticker or Trading Symbol
HighPoint Resources Corp [ HPR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
555 17TH STREET, SUITE 3700
3. Date of Earliest Transaction (MM/DD/YY)
04/01/2021
(Street)
DENVER, CO80202
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 ( 1 ) ( 2 ) 04/01/2021( 1 )( 2 ) D( 1 )( 2 ) 5,336 ( 1 ) ( 2 ) D ( 1 ) ( 2 ) $ 0 ( 1 ) ( 2 ) 0 ( 1 ) ( 2 ) 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SEGNER EDMUND P III
555 17TH STREET, SUITE 3700
DENVER, CO80202
X
Signatures
/s/ Kenneth A. Wonstolen, as Attorney-in-Fact 04/01/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On November 9, 2020, Bonanza Creek Energy, Inc., a Delaware corporation ("Bonanza Creek"), Boron Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Bonanza Creek ("Merger Sub"), and HighPoint Resources Corporation, a Delaware corporation ("HighPoint"), entered into an Agreement and Plan of Merger (the "Merger Agreement"), providing for Bonanza Creek's acquisition of HighPoint through the merger of Merger Sub with and into HighPoint (the "Merger"), with HighPoint continuing its existence as the surviving company and a wholly owned subsidiary of Bonanza Creek following the Merger.
( 2 )Pursuant to the Merger Agreement, each restricted stock unit ("RSU"), whether vested or unvested, was terminated and cancelled as of immediately prior to the effective time of the Merger and was automatically converted into the right to receive 0.11464 shares of common stock, par value $0.01 per share, of Bonanza Creek, net of any taxes, with respect to the number of shares of common stock, par value $0.001 per share, of HighPoint subject to the award of RSUs immediately prior to the effective time, with cash paid in lieu of the issuance of any fractional shares.

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