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Form 4/A PETROQUEST ENERGY INC For: Feb 17 Filed by: NORDBERG E WAYNE

October 4, 2016 5:02 PM EDT
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
NORDBERG E WAYNE

(Last) (First) (Middle)
420 LEXINGTON AVENUE, SUITE 2840

(Street)
NEW YORK NY 10170

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PETROQUEST ENERGY INC [ PQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
10/03/2016
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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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) 02/17/2016   P   500 A $ 0 (2) 89,250 (3) D  
Common Stock 09/27/2016   P   967 A $ 0 (4) 90,217 (3) D  
Common Stock (1) 02/17/2016   P   2,000 A $ 0 (2) 35,725 I By IRA FBO E. Wayne Nordberg, Pershing LLC as Custodian Rollover Account (5)
Common Stock 09/27/2016   P   3,900 A $ 0 (4) 39,625 I By IRA FBO E. Wayne Nordberg, Pershing LLC as Custodian Rollover Account (5)
Common Stock (1) 02/17/2016   P   1,000 A $ 0 (2) 17,238 I By Olivia S. Nordberg Trust
Common Stock 09/27/2016   P   1,950 A $ 0 (4) 19,188 I By Olivia S. Nordberg Trust
Common Stock               17,500 (6) I By wife
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. The number of shares acquired and the number of shares beneficially owned following the reported transaction have been adjusted to reflect the one for four reverse split of the common stock effective May 18, 2016.
2. These shares were received in exchange for the issuer's 10% senior notes 2017 in an issuer exchange offer.
3. These amounts were erroneously reported as 89,213 and 90,180 shares, respectively, on the original Form 4.
4. These shares were received in exchange for the issuer's 10% second lien senior secured notes due 2021 in an issuer exchange offer.
5. Previously reported as being held by Delaware Charter FBO Wayne Nordberg R/O IRA. In addition, the reporting person no longer has a reportable beneficial interest in 19,988 shares owned by the Anna & Samuel Nordberg Trust and included in the reporting person's prior ownership reports
6. The reporting person no longer has a reportable beneficial interest in 15 shares owned by Janet Mavec Custodian FBO Akash Mavec, UBMA.
/s/ E. Wayne Nordberg 10/04/2016
** 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 4 (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 Number.


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