LIBERATORE THOMAS S 4
4 · Montage Resources Corp · Filed Mar 4, 2019
Insider Transaction Report
Form 4
LIBERATORE THOMAS S
EVP & Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2019-02-28+10,980→ 58,326 total - Exercise/Conversion
Common Stock
2019-02-28+3,853→ 78,566 total - Exercise/Conversion
Performance Stock Unit
2019-02-28−3,853→ 0 total→ Common Stock (3,853 underlying) - Exercise/Conversion
Common Stock
2019-02-28+16,387→ 74,713 total - Exercise/Conversion
Performance Stock Unit
2019-02-28−10,980→ 0 total→ Common Stock (10,980 underlying) - Exercise/Conversion
Performance Stock Unit
2019-02-28−16,387→ 0 total→ Common Stock (16,387 underlying)
Holdings
- 16,555(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]On February 28, 2019, pursuant to the terms of a Separation and Release Agreement (the "Separation Agreement"), a total of 10,980 unvested performance stock units granted to the Reporting Person on April 22, 2016 became vested and converted into shares of common stock, par value $0.01 per share ("Common Stock"), of Montage Resources Corporation (the "Company") on a one-for-one basis.
- [F2]On February 28, 2019, pursuant to the terms of the Separation Agreement, a total of 16,387 unvested performance stock units granted to the Reporting Person on February 24, 2017 became vested and converted into shares of Common Stock on a one-for-one basis.
- [F3]On February 28, 2019, pursuant to the terms of the Separation Agreement, a total of 3,853 unvested performance stock units granted to the Reporting Person on February 23, 2018 became vested and converted into shares of Common Stock on a one-for-one basis, while the remaining 5,660 unvested performance stock units were forfeited and canceled.
- [F4]Represents shares of Common Stock held by Kirkwood Capital, L.P., which is controlled by the Reporting Person.