Bonanza Creek Energy, Inc. 4
4 · Bonanza Creek Energy, Inc. · Filed Apr 26, 2017
Insider Transaction Report
Form 4
Moore Ramon
Senior Vice President, Land
Transactions
- Exercise/Conversion
Common Stock
2017-04-24+37,654→ 59,503 total - Tax Payment
Common Stock
2017-04-24$1.13/sh−1,472$1,663→ 43,994 total - Exercise/Conversion
LTIP Units
2017-04-24−37,654→ 75,308 total→ Common Stock (37,654 underlying) - Tax Payment
Common Stock
2017-04-24$0.87/sh−14,037$12,212→ 45,466 total - Tax Payment
Common Stock
2017-04-24$1.13/sh−1,662$1,878→ 42,332 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.