4//SEC Filing
Rogers A Kent 4
Accession 0000899243-19-007377
CIK 0001022646other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 8:17 PM ET
Size
21.2 KB
Accession
0000899243-19-007377
Insider Transaction Report
Form 4
Rogers A Kent
V.P., Drilling & Completions
Transactions
- Award
Restricted Stock Units
2019-03-12+179,856→ 760,650 total→ Common Stock (179,856 underlying) - Other
Restricted Stock Units
2019-03-12−163,360→ 0 total→ Common Stock (163,360 underlying) - Award
Restricted Stock Units
2019-03-12+163,622→ 163,622 total→ Common Stock (163,622 underlying) - Award
Restricted Stock Units
2019-03-12+327,244→ 490,866 total→ Common Stock (327,244 underlying) - Award
Restricted Stock Units
2019-03-12+89,928→ 580,794 total→ Common Stock (89,928 underlying)
Holdings
- 62,365
Common Stock
Footnotes (6)
- [F1]Forfeited 163,360 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 0001543432
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 8:17 PM ET
- Size
- 21.2 KB