Bonanza Creek Energy, Inc. 4
4 · Bonanza Creek Energy, Inc. · Filed Apr 26, 2017
Insider Transaction Report
Form 4
Fenoglio Scott A
SVP, Finance & Planning
Transactions
- Tax Payment
Common Stock
2017-04-24$1.13/sh−693$783→ 25,828 total - Exercise/Conversion
LTIP Units
2017-04-24−26,739→ 53,478 total→ Common Stock (26,739 underlying) - Exercise/Conversion
Common Stock
2017-04-24+26,739→ 37,347 total - Tax Payment
Common Stock
2017-04-24$1.13/sh−858$970→ 26,521 total - Tax Payment
Common Stock
2017-04-24$0.87/sh−9,968$8,672→ 27,379 total
Footnotes (3)
- [F1]Each LTIP unit represents a contingent right to receive one share based on the level of attainment of the applicable performance goal. One-third of the award was settled in shares on April 24, 2017. The remaining two-thirds of the award is scheduled to vest in equal installments on March 15, 2018 and March 15, 2019.
- [F2]Represents shares withheld to satisfy tax withholding obligations arising on settlement of the LTIP units referenced in footnote 1.
- [F3]Represents shares withheld to satisfy tax withholding obligations arising on vesting of restricted stock on March 15, 2017.