Davis James B 5
5 · GOODRICH PETROLEUM CORP · Filed Jan 31, 2006
Insider Transaction Report
Form 5
Davis James B
Sen. Vice President, Eng & Op
Transactions
- Award
Common Stock
2005-12-06$23.39/sh+2,000$46,780→ 12,418 total - Conversion
Phantom Stock
2005-12-06−2,000→ 13,832 totalExercise: $23.39→ Common Stock (2,000 underlying)
Footnotes (1)
- [F1]The phantom stock vests in increments of one-third on the anniversary date of the grant for each of the next three years. At December 31, 2005, one-third of the grant (2,000 shares) had vested and is included in Table I and on December 6, 2006 and 2007, the reporting person will receive 2,000 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement date, at the sole discretion of the Company), provided the reporting person remains an employee of the issuer on that date.