WARREN RESOURCES INC 4
4 · WARREN RESOURCES INC · Filed Mar 10, 2015
Insider Transaction Report
Form 4
SKELLY STEWART P
Vice President & Controller
Transactions
- Tax Payment
Common Stock
2015-03-07$1.10/sh−1,841$2,034→ 142,410 total - Exercise/Conversion
Restricted Stock Units
2015-03-07−4,889→ 9,778 totalExp: 2017-03-07→ Common Stock (4,889 underlying) - Exercise/Conversion
Common Stock
2015-03-07+4,889→ 144,251 total
Footnotes (3)
- [F1]Each restricted stock unit converts into Common Stock of Warren Resources, Inc. (the "Issuer") on a one-to-one basis.
- [F2]This number represents shares of the Issuer's Common Stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units.
- [F3]On March 7, 2014, the Issuer issued restricted stock units ("RSUs") to the reporting person. The RSUs granted on March 7, 2014 vest 1/3 on March 7, 2015, 1/3 on March 7, 2016 and 1/3 on March 7, 2017.