Roorda Jacob 4
4 · Epsilon Energy Ltd. · Filed Feb 27, 2020
Insider Transaction Report
Form 4
Roorda Jacob
Director
Transactions
- Exercise/Conversion
Common Shares
2019-12-31+5,500→ 75,900 total - Exercise/Conversion
Restricted Stock Grant
2019-12-31−5,500→ 8,500 total→ Common Shares (5,500 underlying)
Footnotes (6)
- [F1]The Reporting Person initially acquired these Common Shares as part of a restricted stock grant on 12/31/2018. These Common Shares vested on 12/31/2019 and were issued on 01/02/2020.
- [F2]The Reporting Person initially acquired 2,500 these Common Shares as part of a restricted stock grant on 12/31/2017. These Common Shares vested on 12/31/2019 and were issued on 01/02/2020.
- [F3]Mr. Roorda owns 25,000 indirectly as the shares are held by his wife. The remaining 50,900 shares are held directly by Mr. Roorda
- [F4]Vesting evenly at each anniversary of the grant date (12/31/2018) on 12/31/2020 and 12/31/2021, as long as Mr. Roorda is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited.
- [F5]Vesting evenly at each anniversary of the grant date (12/31/2017) on 12/31/2020, as long as Mr. Roorda is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited
- [F6]Upon vesting, the Restricted Stock Grants convert into Common Shares on a one for one basis.