Cobalt International Energy, Inc. 4
4 · Cobalt International Energy, Inc. · Filed Dec 23, 2014
Insider Transaction Report
Form 4
Painter James H.
Exec. V.P., Gulf of Mexico
Transactions
- Disposition to Issuer
Common Stock
2014-12-21−250,489→ 935,564 total - Sale
Common Stock
2014-12-22$8.81/sh−63,375$558,334→ 872,189 total
Footnotes (2)
- [F1]250,489 shares represent restricted shares that were scheduled to vest on December 21, 2014, but only if the average of the volume weighted average price of a share of the Issuer's Common Stock during the 90-day period ending on the day before December 21, 2014 equaled or exceeded $13.50. As the share price of the Issuer's Common Stock failed to meet this performance condition, these shares were forfeited.
- [F2]These shares were sold pursuant to a Rule 10b5-1 plan.