4//SEC Filing
HONEYFIELD DAVID W 4
Accession 0001022646-19-000004
CIK 0001022646other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 5:05 PM ET
Size
9.9 KB
Accession
0001022646-19-000004
Insider Transaction Report
Form 4
HONEYFIELD DAVID W
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2019-11-11+68,176→ 428,176 total - Tax Payment
Common Stock
2019-11-11$0.21/sh−19,759$4,248→ 408,417 total - Exercise/Conversion
Restricted Stock Units
2019-11-11−68,176→ 1,084,976 total→ Common Stock (68,176 underlying)
Footnotes (4)
- [F1]Such time-based restricted stock units converted into common stock on a one-for-one basis.
- [F2]On November 9, 2018, the Reporting Person was granted 204,528 time-based restricted stock units, scheduled to vest, if at all, in three equal annual installments beginning on November 9, 2019.
- [F3]Following the transaction reported herein, 136,352 of such remaining restricted stock units are time-based and will vest, if at all, in two equal annual installments beginning on November 9, 2020. 179,856 of the restricted stock units set forth in box 9 of this Form 4 are time-based and will vest, if at all, in three equal annual installments beginning on March 1, 2020. The time-based awards will terminate and the applicable restricted stock units will not vest if the Reporting Person is not employed by the Company on the date any portion of the award is scheduled to vest.
- [F4](Continued from Footnote 3) 768,768 of the restricted stock units are subject to both performance-based and time-based vesting terms. The performance-based vesting conditions are assessed based on the volume-weighted average price of the Company's common shares as measured over 60 consecutive trading days relative to pre-established price goals. Once a performance-based vesting condition is achieved, the restricted stock units that have become performance vested will time-vest over the two or three-year period following the date on which they became performance vested.
Documents
Issuer
ULTRA PETROLEUM CORP
CIK 0001022646
Entity typeother
Related Parties
1- filerCIK 0001196791
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 5:05 PM ET
- Size
- 9.9 KB