EPL OIL & GAS, INC. 4
4 · EPL OIL & GAS, INC. · Filed Jan 21, 2014
Insider Transaction Report
Form 4
Fallis W Neel
Vice President, Reserves
Transactions
- Award
Common Stock
2014-01-16+2,028→ 27,074 total - Tax Payment
Common Stock
2014-01-18$27.57/sh−408$11,249→ 26,666 total
Holdings
- 294(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Shares of restricted stock granted on January 16, 2014 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 January 16, 2014 was $27.74.
- [F3]Pursuant to the Reporting Person's Rule 10b5-1 plan, the Issuer withheld shares of Common Stock from the Reporting Person to pay the withholding tax obligations related to the lapse of transfer and forfeiture restrictions on restricted shares of Common Stock held by the Reporting Person.