CARRIZO OIL & GAS INC 4
4 · CARRIZO OIL & GAS INC · Filed Mar 5, 2014
Insider Transaction Report
Form 4
BOLING PAUL F
CFO, VP, Secretary, Treasurer
Transactions
- Exercise/Conversion
Common Stock
2014-03-04$25.56/sh+6,895$176,236→ 59,495 total - Disposition to Issuer
Common Stock
2014-03-04$50.10/sh−6,895$345,440→ 52,600 total - Exercise/Conversion
Stock Appreciation Rights
2014-03-04−6,895→ 10,344 totalExercise: $25.56Exp: 2016-05-18→ Common Stock (6,895 underlying)
Footnotes (3)
- [F1]The presentation requirements of Form 4 present the exercise of cash-only stock appreciation rights as an acquisition and disposition of common stock. Contrary to this presentation, these derivative instruments were originally awarded as cash-only stock appreciation rights and accordingly were settled solely in cash. No actual shares of common stock were issued to or sold by the reporting person.
- [F2]These stock appreciation rights are settled solely in cash.
- [F3]These stock appreciation rights vest in three installments of 40%, 40% and 20% on May 29, 2013, May 29, 2014 and May 29, 2015, respectively.