WOMBWELL JOHN F 4
4 · PLAINS EXPLORATION & PRODUCTION CO · Filed Feb 7, 2013
Insider Transaction Report
Form 4
WOMBWELL JOHN F
EVP, GC & Secretary
Transactions
- Award
Common Stock
2013-02-06+45,000→ 795,877 total - Award
Performance Rights
2013-02-06+45,000→ 45,000 total→ Common Stock (45,000 underlying)
Footnotes (3)
- [F1]Represents grant of restricted stock units that will vest over five years, with 22.5% vesting on each of March 31, 2014, March 31, 2015 and March 31, 2016 and 16.25% vesting on each of March 31, 2017 and March 31, 2018.
- [F2]Represents grant of cash-settled restricted stock units that will vest over three years, with 33.3% vesting on each of March 31, 2014, March 31, 2015 and March 31, 2016, each based on achievement of performance goals as set forth in the grant agreement.
- [F3]Such amount is subject to increase or decrease as set forth in the grant agreement.