McCarthy Marc T 4
4 · ENERGY PARTNERS LTD · Filed May 3, 2012
Insider Transaction Report
Form 4
McCarthy Marc T
Director
Transactions
- Award
Common Stock
2012-05-01$16.08/sh+6,219$100,002→ 6,219 total - Award
Common Stock
2012-05-01$16.08/sh+4,664$74,997→ 4,664 total
Footnotes (4)
- [F1]The Common Stock is payable in quarterly installments, with the first installment payable on June 1, 2012, and the second, third and fourth installment payable on September 1, 2012, December 1, 2012 and March 1, 2013, respectively.
- [F2]These shares have been assigned to Wexford Capital LP.
- [F3]Shares of restricted stock granted on May 1, 2012 under the issuer's Board Compensation Program and 2009 Long Term Incentive Plan, each as amended from time to time. The restricted shares are subject to customary transfer restrictions and risk of forfeiture provisions, one-half of the shares vested immediately on the transaction date, and the remaining one-half of the shares will vest on the day preceding the date of the next annual meeting of stockholders.
- [F4]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 May 1, 2012 was $16.08.