Vela Adam M 4
4 · Coterra Energy Inc. · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Vela Adam M
SVP & General Counsel
Transactions
- Award
Common Stock
2025-02-19+36,599→ 109,008 total - Award
Performance Stock Units
2025-02-19+36,599→ 36,599 total→ Common Stock (36,599 underlying)
Footnotes (4)
- [F1]Represents restricted stock units payable solely in common stock. Subject to the terms of the award agreement, these restricted stock units vest on January 31, 2028.
- [F2]Each performance stock unit represents a contingent right to receive one share of common stock (up to 100% of the performance stock units awarded) and cash equal to the Fair Market Value (as defined in the performance stock unit award agreement) of one share of common stock for vesting above 100%.
- [F3]Represents the number of performance stock units awarded on February 19, 2025.
- [F4]The award agreement provides for vesting between 0% and 200% of the performance stock units granted (payable in common stock up to 100% of the performance stock units granted and, for vesting above 100%, in cash) based upon the achievement of certain performance criteria over a three-year performance period beginning February 1, 2025 and ending January 31, 2028.