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4//SEC Filing

DELGADO MAREE K. 4

Accession 0000899243-19-007378

CIK 0001022646other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 8:18 PM ET

Size

13.6 KB

Accession

0000899243-19-007378

Insider Transaction Report

Form 4
Period: 2019-03-11
DELGADO MAREE K.
See Remarks
Transactions
  • Award

    Restricted Stock Units

    2019-03-11+119,904396,228 total
    Common Stock (119,904 underlying)
  • Award

    Restricted Stock Units

    2019-03-11+59,952276,324 total
    Common Stock (59,952 underlying)
Footnotes (3)
  • [F1]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 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.
  • [F3]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.

Issuer

ULTRA PETROLEUM CORP

CIK 0001022646

Entity typeother

Related Parties

1
  • filerCIK 0001750505

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 8:18 PM ET
Size
13.6 KB