Scoggins Edward Andrew Jr. 4
4 · ULTRA PETROLEUM CORP · Filed Jun 12, 2018
Insider Transaction Report
Form 4
Scoggins Edward Andrew Jr.
Director
Transactions
- Award
Restricted Stock Units
2018-06-08+198,864→ 198,864 total→ Common Stock (198,864 underlying)
Footnotes (2)
- [F1]As compensation for service on the board of directors of the Company as an independent, outside director, the Reporting Person received an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Company.
- [F2]The restricted stock units are time-based and will vest, if at all, in three equal annual installments beginning on May 25, 2019. The award will terminate and the applicable restricted stock units will not vest if the Reporting Person is not a director of the Company on the date any portion of the award is scheduled to vest.