PETROQUEST ENERGY INC 4
4 · PETROQUEST ENERGY INC · Filed Nov 15, 2016
Insider Transaction Report
Form 4
Abels Edward E. Jr.
Exec VP - Gen. Counsel & Sec.
Transactions
- Exercise/Conversion
Common Stock
2016-11-12+6,825→ 29,475 total - Tax Payment
Common Stock
2016-11-12$3.20/sh−2,215$7,088→ 27,260 total - Exercise/Conversion
Restricted Stock Units
2016-11-12−6,825→ 6,827 total→ Common Stock (6,825 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of PetroQuest common stock.
- [F2]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 (the "Reverse Split").
- [F3]On November 12, 2014 the reporting person was granted 20,478 post Reverse Split Restricted Stock Units. One third of the Restricted Stock Units vest on each of the first, second and third anniversaries of the grant date. The applicable number of shares of PetroQuest common stock will be delivered to the reporting person on each such vesting date.