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4//SEC Filing

EXCO RESOURCES INC 4

Accession 0000899243-17-008503

CIK 0000316300operating

Filed

Mar 23, 8:00 PM ET

Accepted

Mar 24, 4:29 PM ET

Size

7.0 KB

Accession

0000899243-17-008503

Insider Transaction Report

Form 4
Period: 2017-03-16
Gaebe Brian
See Remarks
Transactions
  • Sale

    Common Stock, par value $0.001 per share

    2017-03-23$0.60/sh45,232$27,13949,999 total
  • Award

    Common Stock, par value $0.001 per share

    2017-03-16+45,23295,231 total
Footnotes (2)
  • [F1]Represents shares of restricted common stock issued to the reporting person pursuant to the EXCO Resources, Inc. 2016 Management Incentive Plan (the "MIP"), all of which shares are fully vested. The MIP provides for the payment of performance-based awards to eligible employees, of which seventy-five percent (75%) of the award is payable in cash and twenty-five percent (25%) of the award is payable in shares of fully-vested restricted stock (collectively, the "Award Amount") issued pursuant to the EXCO Resources, Inc. Amended and Restated 2005 Long-Term Incentive Plan, as amended (the "Plan").
  • [F2]Represents shares sold to pay the tax liability associated with the Award Amount.

Issuer

EXCO RESOURCES INC

CIK 0000316300

Entity typeoperating
IncorporatedTX

Related Parties

1
  • filerCIK 0000316300

Filing Metadata

Form type
4
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 4:29 PM ET
Size
7.0 KB