Drennon Michael D 4
4 · Cobalt International Energy, Inc. · Filed Feb 28, 2012
Insider Transaction Report
Form 4
Drennon Michael D
EVP & Gen'l Mgr, Cobalt Angola
Transactions
- Award
Common Stock
2012-02-24+11,475→ 127,232 total - Award
Common Stock
2012-02-24+5,647→ 132,879 total - Award
Stock Option
2012-02-24+20,371→ 20,371 totalExercise: $30.50From: 2014-12-31Exp: 2022-12-24→ Common Stock (20,371 underlying)
Footnotes (2)
- [F1]11,475 shares represent restricted shares granted under the Issuer's Long Term Incentive Plan (the "Plan") that will vest on December 31, 2014, subject to the terms of the award agreement under the Plan.
- [F2]5,647 shares represent shares received in connection with the vesting of performance-based restricted stock units granted under the Plan on December 3, 2010.