Broussard Andre J 4
4 · ENERGY PARTNERS LTD · Filed Jun 29, 2012
Insider Transaction Report
Form 4
Broussard Andre J
SVP - Geosciences
Transactions
- Award
Common Stock
2012-06-27+4,082→ 22,471 total - Award
Stock Options (Right to Buy)
2012-06-27+7,840→ 7,840 totalExercise: $16.23Exp: 2022-06-27→ Common Stock (7,840 underlying)
Footnotes (3)
- [F1]Shares of restricted stock granted on June 27, 2012 under the Issuer's 2009 Long Term Incentive Plan, as amended. The restricted shares are subject to customary transfer restrictions and risk of forfeiture provisions, which lapse in one-third increments on the first three anniversaries of the Date of Grant.
- [F2]Consistent with the provisions of the Issuer's 2009 Long Term Incentive Plan, the grantee did not pay any consideration to the Issuer for the restricted shares that were granted. By way of reference, the closing price per share of the Issuer's common stock on the New York Stock Exchange on June 27, 2012 was $16.23.
- [F3]The stock options were granted under the Issuer's 2009 Long Term Incentive Plan and will vest and become exercisable in one-third increments on the first three anniversaries of the Date of Grant.