Cobalt International Energy, Inc. 4
4 · Cobalt International Energy, Inc. · Filed Feb 24, 2014
Insider Transaction Report
Form 4
Whitfield Van P.
Exec. V.P. and Oper. & Develop
Transactions
- Tax Payment
Common Stock
2014-02-20$17.50/sh−3,424$59,920→ 650,990 total - Award
Stock Option
2014-02-20+76,443→ 76,443 totalExercise: $17.50From: 2016-12-31Exp: 2014-02-20→ Common Stock (76,443 underlying) - Award
Common Stock
2014-02-20+12,458→ 654,414 total - Award
Common Stock
2014-02-20+39,857→ 641,956 total
Holdings
- 588,084(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]39,857 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]12,458 shares represent shares received in connection with the vesting of performance-based restricted stock units granted under the Plan on December 3, 2010.
- [F3]3,424 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]These shares are directly owned by Veer Eagles Partners Ltd.
- [F5]76,443 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.