Mark Daniel Christensen Form 3 LILIS ENERGY / Mark Daniel Christensen ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Christensen Mark Daniel

(Last) (First) (Middle)

30A HAZELTON AVENUE

4TH FLOOR

(Street)

TORONTO A6 M5R 2E2

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/06/2017

3. Issuer Name and Ticker or Trading Symbol
LILIS ENERGY, INC. [ LLEX ]

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

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	1,103,362	I	See Footnote(1)
Common Stock	88,527	I	See Footnote(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: 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
Warrant (right to buy)	03/06/2017	03/06/2022	Common Stock	129,870	4.5	I	See Footnote(1)
Warrant (right to buy)	06/22/2016	06/22/2018	Common Stock	68,182	2.5	I	See Footnote(1)
Warrant (right to buy)	09/17/2016	09/17/2018	Common Stock	820,000	1.3	I	See Footnote(3)

Explanation of Responses:

1. These securities are held by Trace Capital, Inc., for which Reporting Person's wife is the natural person with ultimate voting and dispositive power.

2. These securities are held by Christensen GM&P Holding Corp., for which Reporting Person is the natural person with ultimate voting and dispositive power.

3. These securities are held by KES 7 Capital Inc., for which Reporting Person is the natural person with ultimate voting and dispositive power.

Remarks:

Exhibits: Exhibit 24.1 - Power of Attorney

	/s/ Ariella S. Fuchs, Attorney-in-Fact for Mark Christensen	09/14/2017
	** 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).
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