EXCO RESOURCES INC 4
4 · EXCO RESOURCES INC · Filed Jul 3, 2014
Insider Transaction Report
Form 4
Boeing William L
VP, General Counsel, Secretary
Transactions
- Award
Common Stock, par value $0.001 per share
2014-07-01+104,167→ 342,174 total - Award
Restricted Stock Units
2014-07-01+104,167→ 104,167 totalExercise: $0.00From: 2017-07-01→ Common Stock (104,167 underlying)
Footnotes (2)
- [F1]Represents shares of restricted common stock issued to Mr. Boeing pursuant to the EXCO Resources, Inc. Amended and Restated 2005 Long-Term Incentive Plan, as amended (the "Plan"), and the Restricted Stock Award Agreement dated as of July 1, 2014 between the Company and Mr. Boeing (the "Agreement"). One third of these shares of restricted common stock vest annually beginning on July 1, 2015. These shares of restricted stock are subject to forfeiture, accelerated vesting and other restrictions as more fully set forth in the Plan and the Agreement .
- [F2]Respresent performance-based restricted stock units ("RSUs") that will vest between 0% and 200% of the target number of shares (the number of shares listed herein) on July 1, 2017 based on the Company's achievement of total stockholder return relative to a peer group established by the Company's Compensation Committee. These RSUs are issued to Mr. Boeing pursuant to the Plan and the Performance-Based Restricted Stock Unit Award Agreement dated as of July 1, 2014 between the Company and Mr. Boeing (the "RSU Agreement") and are subject to forfeiture, accelerated vesting and other restrictions as more fully set forth in the Plan and the RSU Agreement.