| | |
Year Ended December 31,
|
| |||||||||
| | |
2016
|
| |
2015
|
| ||||||
| | |
(in thousands)
|
| |||||||||
Audit Fees
|
| | | $ | 358 | | | | | $ | 264 | | |
Audit Related Fees
|
| | | | 341 | | | | | | 5 | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | — | | | | | | — | | |
| | | | $ | 699 | | | | | $ | 269 | | |
|
Plan category
|
| |
Number of
securities to be issued upon exercise of outstanding options, warrants and rights (1) |
| |
Weighted-
average exercise price of outstanding options, warrants and rights (2) |
| |
Number of
securities remaining available for future issuance under equity compensation plans |
| |||||||||
Equity compensation plans approved by security holders
|
| | | | 5,354,794 | | | | | | 1.74 | | | | | | 3,574,742 | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | |||||
Total
|
| | | | 5,354,794 | | | | | | 1.74 | | | | | | 3,574,742 | | |
Name
|
| |
Age
|
| |
Position
|
|
Abraham “Avi” Mirman | | |
47
|
| | Chief Executive Officer, Director | |
Ronald D. Ormand | | |
58
|
| | Executive Chairman of the Board of Directors | |
Nuno Brandolini | | |
63
|
| | Director | |
R. Glenn Dawson | | |
60
|
| | Director | |
General Merrill McPeak | | |
81
|
| | Director | |
Peter Benz | | |
56
|
| | Director | |
Joseph C. Daches | | |
50
|
| | Executive Vice President, Chief Financial Officer and Treasurer | |
Brennan Short | | |
42
|
| | Chief Operating Officer | |
Ariella Fuchs | | |
35
|
| | Executive Vice President, General Counsel and Secretary | |
Seth Blackwell | | |
29
|
| | Executive Vice President of Land and Business Development | |
Name and Principal Position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Stock
Awards ($) (1) |
| |
Option
Awards ($) (2) |
| |
All Other
Compensation ($) (3) |
| |
Total
($) |
| |||||||||||||||||||||
Abraham “Avi” Mirman
(Chief Executive Officer) |
| | | | 2016 | | | | | | 350,000 | | | | | | 175,000 (4) | | | | | | — | | | | | | 4,295,894 | | | | | | 27,734 | | | | | | 4,843,378 | | |
| | | 2015 | | | | | | 325,466 | | | | | | 100,000 (5) | | | | | | 90,000 | | | | | | 1,397,721 | | | | | | 39,856 | | | | | | 1,944,691 | | | ||
Ronald D. Ormand
(6)
(Chairman of the Board of Directors) |
| | | | 2016 | | | | | | 150,000 | | | | | | — | | | | | | 1,875,000 | | | | | | 533,092 | | | | | | 69,502 | | | | | | 2,627,594 | | |
Ariella Fuchs
(General Counsel and Secretary) |
| | | | 2016 | | | | | | 240,000 | | | | | | 112,500 (4) | | | | | | — | | | | | | 1,288,768 | | | | | | 10,717 | | | | | | 1,649,685 | | |
| | | 2015 | | | | | | 182,083 | | | | | | — | | | | | | 48,000 | | | | | | 234,887 | | | | | | 15,138 | | | | | | 475,508 | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number of
Shares or Units of Stock That Have Not Vested (#) |
| |
Market Value
of Shares or Units of Stock That Have Not Vested ($) |
| ||||||||||||||||||
Abraham “Avi” Mirman
|
| | | | 170,000 | | | | | | 330,000 (1) | | | | | | 2.98 | | | | | | 12/15/2026 | | | | | | — | | | | | | — | | |
| | | | | 425,000 | | | | | | 825,000 (2) | | | | | | 1.34 | | | | | | 6/24/2026 | | | | | | — | | | | | | — | | |
| | | | | 60,000 | | | | | | — | | | | | | 21.10 | | | | | | 9/16/2023 | | | | | | — | | | | | | — | | |
Ronald D. Ormand
|
| | | | 85,000 | | | | | | 165,000 (1) | | | | | | 2.98 | | | | | | 12/15/2026 | | | | | | 833,333 (3) | | | | | | 2,583,332 | | |
| | | | | 31,666 | | | | | | 13,334 (4) | | | | | | 16.50 | | | | | | 4/20/2025 | | | | | | — | | | | | | — | | |
Ariella Fuchs
|
| | | | 127,500 | | | | | | 247,500 (1) | | | | | | 2.98 | | | | | | 12/15/2026 | | | | | | — | | | | | | — | | |
| | | | | 127,500 | | | | | | 247,500 (2) | | | | | | 1.34 | | | | | | 6/24/2026 | | | | | | — | | | | | | — | | |
Name
|
| |
Fees Earned
or Paid in Cash Compensation ($) |
| |
Stock
Awards ($) (1) |
| |
Option
Awards ($) (2) |
| |
All Other
Compensation ($) |
| |
Total
($) |
| |||||||||||||||
G. Tyler Runnels
(3)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Nuno Brandolini
(4)
|
| | | | 72,500 | | | | | | 135,000 | | | | | | — | | | | | | — | | | | | | 207,500 | | |
General Merrill McPeak
(5)
|
| | | | 85,000 | | | | | | 135,000 | | | | | | — | | | | | | — | | | | | | 220,000 | | |
R. Glenn Dawson
(6)
|
| | | | 70,522 | | | | | | 255,750 | | | | | | 81,000 | | | | | | — | | | | | | 407,272 | | |
Peter Benz
(7)
|
| | | | 43,901 | | | | | | 135,000 | | | | | | 67,500 | | | | | | — | | | | | | 246,401 | | |
Name and Address of Beneficial Owner
|
| |
Lilis common
stock Held Directly |
| |
Lilis common
stock Acquirable Within 60 Days (1) |
| |
Total
Beneficially Owned (1) |
| |
Percent of
Class Beneficially Owned (1) |
| ||||||||||||
Directors and Named Executive Officers | | | | | | ||||||||||||||||||||
Abraham Mirman,
Chief Executive Officer and Director |
| | | | 2,158,326 (2) | | | | | | 1,060,001 (3) | | | | | | 3,218,327 | | | | | | 6.3 % (4) | | |
Ronald D. Ormand,
Executive Chairman of the Board |
| | | | 3,678,086 (5) | | | | | | 115,001 (6) | | | | | | 3,793,087 | | | | | | 7.5 % (7) | | |
Joseph Daches,
Chief Financial Officer |
| | | | 215,728 | | | | | | 250,000 (8) | | | | | | 465,728 | | | | | | * | | |
Ariella Fuchs,
EVP – General Counsel and Secretary |
| | | | 88,455 | | | | | | 375,000 (9) | | | | | | 463,455 | | | | | | * | | |
Peter Benz,
Director |
| | | | 75,000 | | | | | | 25,000 (10) | | | | | | 100,000 | | | | | | * | | |
Nuno Brandolini,
Director |
| | | | 442,060 | | | | | | 119,574 (11) | | | | | | 561,634 | | | | | | 1.1 % | | |
R. Glenn Dawson,
Director |
| | | | 589,861 | | | | | | 176,668 (12) | | | | | | 766,529 | | | | | | 1.5 % | | |
General Merrill McPeak,
Director |
| | | | 406,207 | | | | | | 143,521 (13) | | | | | | 549,728 | | | | | | 1.1 % | | |
Directors and Officers as a Group (8 persons)
|
| | | | 7,653,723 | | | | | | 2,264,765 (14) | | | | | | 9,918,488 | | | | | | 18.8 % (15) | | |
5% Stockholders | | | | | | ||||||||||||||||||||
Bryan Ezralow,
23622 Calabasas Road, Suite 200, Calabasas, CA 913012 |
| | | | 3,486,676 (16) | | | | | | 272,731 (17) | | | | | | 3,759,407 | | | | | | 7.4 % | | |
Marc Ezralow,
23622 Calabasas Road, Suite 200, Calabasas, CA 913012 |
| | | | 2,783,559 (18) | | | | | | 220,783 (19) | | | | | | 3,004,342 | | | | | | 5.9 % | | |
J. Steven Emerson,
1522 Ensley Avenue, Los Angeles, CA 90024 |
| | | | 4,064,074 (20) | | | | | | 324,678 (21) | | | | | | 4,388,752 | | | | | | 8.2 % | | |
Rosseau Asset Management Ltd.
181 Bay Street, Suite 2920, Box 736 Toronto, Ontario M5J 2T3 |
| | | | 2,848,334 (22) | | | | | | — (23) | | | | | | 2,848,334 | | | | | | 5.6 % | | |
Name and Address of Beneficial Owner
|
| |
Lilis common
stock Held Directly |
| |
Lilis common
stock Acquirable Within 60 Days (1) |
| |
Total
Beneficially Owned (1) |
| |
Percent of
Class Beneficially Owned (1) |
| ||||||||||||
LOGiQ Capital 2016.
77 King Street West, Suite 2110 TD North Tower, TD Centre Toronto, Ontario M5K 1G8 |
| | | | 2,644,627 (24) | | | | | | — (25) | | | | | | 2,644,627 | | | | | | 5.2 % | | |
Investor Company
5J5505D Vertex One Asset Management 1021 West Hastings Street, Suite 3200 Vancouver, BC V6E 0C3 |
| | | | 7,029,243 (26) | | | | | | — | | | | | | 7,029,243 | | | | | | 13.9 % | | |
Värde Partners, Inc.
901 Marquette Avenue South Suite 330, Minneapolis, MN 55402 |
| | | | — | | | | | | 12,526,206 (27) | | | | | | 12,526,206 (27) | | | | | | 19.9 % | | |
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| SIGNATURE: | | | Date: | |
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Signature if held jointly
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