FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Spence Nicholas

2. Date of Event Requiring Statement (MM/DD/YYYY)
6/22/2016 

3. Issuer Name and Ticker or Trading Symbol

SYNERGY RESOURCES Corp [SYRG]

(Last)        (First)        (Middle)

1625 BROADWAY, SUITE 300

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Chief Operating Officer-Dev /

(Street)

DENVER, CO 80202       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   82763   (1) (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option   10/5/2016   10/5/2025   Common Stock   100000.0   (3) $11.35   D    
Performance Share Units     (4) 12/31/2018   Common Stock   25493.0   (5) $0.0   D    

Explanation of Responses:
( 1)  Includes a grant of 50,000 restricted stock units ("RSUs"). The RSUs vest in equal amounts over 5 years beginning on the grant anniversary date, October 5, 2016 provided that the recipient continues to provide substantial services to the Company or an affiliate continuously through the applicable vesting dates.
( 2)  Includes a grant of 17,763 restricted stock units ("RSUs"). The RSUs vest 33% on March 30, 2017; 33% on March 30, 2018; and 34% on March 30, 2019, provided that the recipient continues to provide substantial services to the Company or an affiliate continuously through the applicable vesting dates. The number of RSU's granted is based on the five-day average closing price of the Company's common stock, as reported by the NYSE MKT, for the period ending March 30, 2016 (being $7.60 per share)
( 3)  Options to vest 20% on October 5, 2016, 20% on October 5, 2017, 20% on October 5, 2018, 20% on October 5, 2019 and 20% on October 5, 2020.
( 4)  The number of Performance Share Units granted is based on the five-day average closing price of the Company's common stock, as reported by the NYSE MKT, for the period ending March 30, 2016 (being $7.60 per share).
( 5)  The reporting person will vest in 0% - 200% of the Performance Share Units based on the relative Total Shareholder Return (TSR) of the Company between January 1, 2016 and December 31, 2018, as measured against the TSR of certain peer companies over that period, provided that the recipient continues to provide substantial services to the Company or an affiliate continuously from the grant date through December 31, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Spence Nicholas
1625 BROADWAY
SUITE 300
DENVER, CO 80202


Chief Operating Officer-Dev

Signatures
Cathleen M. Osborn, Attorney-in-Fact 6/27/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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