RALEIGH MICHAEL PATRICK 4
4 · Epsilon Energy Ltd. · Filed Feb 27, 2020
Insider Transaction Report
Form 4
RALEIGH MICHAEL PATRICK
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Grant
2019-12-31−62,500→ 83,333 total→ Common Shares (62,500 underlying) - Exercise/Conversion
Common Shares
2019-12-31+62,500→ 154,167 total
Footnotes (5)
- [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]Vesting evenly at each anniversary of the grant date (12/31/2018) on 12/31/2020 and 12/31/2021, as long as Mr. Raleigh is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited.
- [F4]Vesting evenly at each anniversary of the grant date (12/31/2017) on 12/31/2020, as long as Mr. Raleigh is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited
- [F5]Upon vesting, the Restricted Stock Grants convert into Common Shares on a one for one basis.