GOODRICH PETROLEUM CORP 4
4 · GOODRICH PETROLEUM CORP · Filed Dec 11, 2014
Insider Transaction Report
Form 4
Schott Jan L
VP & Controller
Transactions
- Award
Phantom Stock
2014-12-09+58,085→ 58,085 total→ Common Stock (58,085 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of one share of GDP common stock.
- [F2]The phantom stock vests in increments of one-third beginning December 9, 2014 for each of the next three years. Thus the reporting person will receive 19,362 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement dates, in the sole discretion of the issuer) on each of December 9, 2015 and 2016, and 19,361 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement dates, in the sole discretion of the issuer) on December 9, 2017 as long as the reporting person remains affiliated with the company.