Cobalt International Energy, Inc. 4
4 · Cobalt International Energy, Inc. · Filed Feb 24, 2014
Insider Transaction Report
Form 4
Farnsworth James W.
Chief Exploration Officer
Transactions
- Award
Common Stock
2014-02-20+35,000→ 1,678,946 total - Award
Stock Option
2014-02-20+67,127→ 67,127 totalExercise: $17.50From: 2016-12-31Exp: 2024-02-20→ Common Stock (67,127 underlying) - Award
Common Stock
2014-02-20+11,860→ 1,690,806 total - Tax Payment
Common Stock
2014-02-20$17.50/sh−3,289$57,558→ 1,687,517 total
Footnotes (4)
- [F1]35,000 shares represent restricted shares granted under the Issuer's Long Term Incentive Plan (the "Plan"), of which the first 50% will vest on December 31, 2016 and the remaining 50% will vest on December 31, 2017, subject to the terms of the award agreement under the Plan.
- [F2]11,860 shares represent shares received in connection with the vesting of performance-based restricted stock units granted under the Plan on December 3, 2010.
- [F3]3,289 shares represent shares withheld by Issuer to cover taxes in connection with the vesting of performance-based restricted stock units granted under the Plan on December 3, 2010.
- [F4]67,127 shares represent shares underlying stock options granted under the Plan, of which the first 50% will vest on December 31, 2016 and the remaining 50% will vest on December 31, 2017, subject to the terms of the award agreement under the Plan.