4//SEC Filing
Marsh Eric D 4
Accession 0000899243-21-029669
CIK 0001693853other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 4:22 PM ET
Size
8.9 KB
Accession
0000899243-21-029669
Insider Transaction Report
Form 4
Marsh Eric D
DirectorSee Remarks
Transactions
- Award
Performance Stock Units
2021-07-22+253,571→ 507,142 totalExp: 2024-03-16→ Class A Common Stock (253,571 underlying) - Award
Restricted Stock Units
2021-07-22+253,571→ 253,571 total→ Class A Common Stock (253,571 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock, $0.01 par value per share ("Common Stock"), of Vine Energy Inc. (the "Company").
- [F2]The RSUs were granted under the Vine Energy Inc. 2021 Long-Term Incentive Plan. One-third of the RSUs vest on the first anniversary of March 17, 2021 (the "Vesting Commencement Date"), one-third of the RSUs vest on the second anniversary of the Vesting Commencement Date and One-third of the RSUs vest on the third anniversary of the Vesting Commencement Date, so long as the reporting person remains a member of the board of directors, or an officer of the Company, or both through the applicable vesting date.
- [F3]Each Performance Stock Unit ("PSU") represents the contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock. The number of PSUs that vest will equal the sum of (a) 10% of the total PSUs granted multiplied by a graded basis upon achievement of certain levels of safety performance as measured by the total recordable incident rate for the performance period and (b) 90% of the total PSUs granted multiplied by a graded basis upon achievement of certain levels of common stock performance against the performance of a defined peer group of other companies.
Documents
Issuer
VINE ENERGY INC.
CIK 0001693853
Entity typeother
Related Parties
1- filerCIK 0001851518
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 4:22 PM ET
- Size
- 8.9 KB