Form 4 for BKV BKV Corp

Accepted 2024-10-01 00:00:00 ET · period of report 2024-08-22 · accession 0001104659-24-104878 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2024-10-01	2024-08-22+	BKV	Larrick Lindsay B	CLO	F - Tax	$27.51	-129.3K	215.1K	-38%	-$3.56M
	2024-10-01	2024-09-27	BKV	Larrick Lindsay B	CLO	A - Grant	$0.00	+22.2K	237.3K	+10%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-08-22	F	D	117,410	$28.48	226,963	D	—	—	(F1) Represents shares of common stock, par value $0.01 per share ("Common Stock"), withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. This net settlement was approved by the board of directors of the Issuer pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
2	Common	Common Stock	2024-09-27	F	D	11,911	$18.00	215,052	D	—	—	(F2) Represents shares of Common Stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock units previously reported in Table 1. This net settlement was approved by the board of directors of the Issuer pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
3	Common	Common Stock	2024-09-27	A	A	22,222	$0.00	237,274	D	—	—	(F3) Represents restricted stock units granted to the reporting person under the BKV Corporation 2024 Equity and Incentive Compensation Plan that vest in three equal annual installments beginning on January 1, 2025. Each restricted stock unit represents a contingent right to receive one share of Common Stock.