Home/Filings/4/0000899243-19-007375
4//SEC Filing

Johnson C Bradley 4

Accession 0000899243-19-007375

CIK 0001022646other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 8:14 PM ET

Size

21.2 KB

Accession

0000899243-19-007375

Insider Transaction Report

Form 4
Period: 2019-03-11
Johnson C Bradley
V.P. Reservoir Engr & Dev
Transactions
  • Award

    Restricted Stock Units

    2019-03-11+719,4252,551,738 total
    Common Stock (719,425 underlying)
  • Award

    Restricted Stock Units

    2019-03-11+981,7341,472,601 total
    Common Stock (981,734 underlying)
  • Other

    Restricted Stock Units

    2019-03-11418,3170 total
    Common Stock (418,317 underlying)
  • Award

    Restricted Stock Units

    2019-03-11+490,867490,867 total
    Common Stock (490,867 underlying)
  • Award

    Restricted Stock Units

    2019-03-11+359,7121,832,313 total
    Common Stock (359,712 underlying)
Holdings
  • Common Stock

    135,340
Footnotes (6)
  • [F1]Forfeited 418,317 derivative restricted stock units, resulting in no outstanding derivative securities.
  • [F2]Derivative restricted stock units were forfeited; therefore, shares will not vest and are expired.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of the Company.
  • [F4]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 employed by the Reporting Person on the date any portion of the award is scheduled to vest.
  • [F5]The restricted stock units are subject to both performance-based and time-based vesting terms. The performance-based vesting conditions are assessed based on the volume-weighted average price of the Company's common shares as measured over 60 consecutive trading days relative to pre-established price goals. Once a performance-based vesting condition is achieved, the restricted stock units that have become performance vested will time-vest over the two or three-year period following the date on which they became performance vested.
  • [F6]The restricted stock units are time-based and will vest, if at all, in three equal annual installments beginning on March 1, 2020. The award will terminate and the applicable restricted stock units will not vest if the Reporting Person is not employed by the Reporting Person on the date any portion of the award is scheduled to vest.

Issuer

ULTRA PETROLEUM CORP

CIK 0001022646

Entity typeother

Related Parties

1
  • filerCIK 0001518277

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 8:14 PM ET
Size
21.2 KB