4//SEC Filing
McLaughlin Dennis C 4
Accession 0000950103-11-001918
CIK 0001509991other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 9:18 PM ET
Size
12.0 KB
Accession
0000950103-11-001918
Insider Transaction Report
Form 4
McLaughlin Dennis C
Senior V.P., Development
Transactions
- Award
Common Shares
2011-05-18+470,588→ 1,206,803 total - Award
Common Shares (Right to Receive)
2011-05-18+117,647→ 117,647 total→ Common Shares (117,647 underlying) - Other
Common Shares
2011-05-16+725,215→ 725,215 total - Purchase
Common Shares
2011-05-16$18.00/sh+11,000$198,000→ 736,215 total
Footnotes (6)
- [F1]In connection with a corporate reorganization, which involved Kosmos Energy Holdings becoming wholly-owned by the Issuer, and the Issuer's initial public offering described in the prospectus dated May 11, 2011, the reporting person received 205,968 common shares in exchange for his vested units in Kosmos Energy Holdings, the Issuer's predecessor, and 519,247 restricted shares in exchange for his unvested profit units in Kosmos Energy Holdings under the Issuer's Long Term Incentive Plan (the "Plan"). Subject to the terms of the award agreement under the Plan, these restricted shares are scheduled to vest on the same dates as the exchanged profit units were scheduled to vest, as follows:
- [F2]83,039 of these restricted shares are scheduled to vest on February 6, 2012, 9,686 of these restricted shares are scheduled to vest on June 11, 2012, 53,726 of these restricted shares are scheduled to vest on December 10, 2012, and 372,796 of these restricted shares are scheduled to vest 50% on December 9, 2012 and 50% on December 9, 2014.
- [F3]The price to the public in the Issuer's initial public offering.
- [F4]These restricted shares were granted under the Plan and are scheduled to vest 25% on each of the first four anniversaries of May 16, 2011, subject to the terms of the Plan and an award agreement under the Plan.
- [F5]1 for 1.
- [F6]In connection with the Issuer's initial public offering, the reporting person acquired a contractual right to receive restricted shares under the Plan within 30 days after the offering. These restricted shares are scheduled to vest 25% on each of the first four anniversaries of May 16, 2011 based on the satisfaction of certain performance conditions, in accordance with the terms of the Plan and an award agreement to be issued under the Plan.
Documents
Issuer
Kosmos Energy Ltd.
CIK 0001509991
Entity typeother
Related Parties
1- filerCIK 0001517105
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 9:18 PM ET
- Size
- 12.0 KB