4//SEC Filing
DELGADO MAREE K. 4
Accession 0000899243-19-015106
CIK 0001022646other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 8:39 PM ET
Size
10.0 KB
Accession
0000899243-19-015106
Insider Transaction Report
Form 4
DELGADO MAREE K.
See Remarks
Transactions
- Tax Payment
Common Stock
2019-05-25$0.39/sh−6,970$2,725→ 17,071 total - Exercise/Conversion
Common Stock
2019-05-25+24,041→ 24,041 total - Exercise/Conversion
Restricted Stock Units
2019-05-25−24,041→ 372,187 total→ Common Stock (24,041 underlying)
Footnotes (4)
- [F1]Such time-based restricted stock units converted into common stock on a one-for-one basis.
- [F2]Effective July 31, 2018, the Reporting Person was granted 72,124 time-based restricted stock units, scheduled to vest, if at all, in three equal annual installments beginning on May 25, 2019.
- [F3]Following the transaction reported herein, 48,083 of such remaining restricted stock units are time-based and will vest, if at all, in two equal annual installments beginning on May 25, 2020. 59,952 of the restricted stock units set forth in box 9 of this Form 4 are time-based and will vest, if at all, in three equal annual installments beginning on March 1, 2020. The time-based awards will terminate and the applicable restricted stock units will not vest if the Reporting Person is not employed by the Company on the date any portion of the award is scheduled to vest.
- [F4](Continued from Footnote 3) 264,152 of the restricted stock units set forth in box 9 of this Form 4 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.
Documents
Issuer
ULTRA PETROLEUM CORP
CIK 0001022646
Entity typeother
Related Parties
1- filerCIK 0001750505
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 8:39 PM ET
- Size
- 10.0 KB