Covington Richard L 4
4 · Resolute Energy Corp · Filed Mar 12, 2013
Insider Transaction Report
Form 4
Covington Richard L
Director
Transactions
- Award
Stock Appreciation Right
2013-03-08+14,237→ 14,237 totalExercise: $10.45→ Common Stock (14,237 underlying)
Footnotes (3)
- [F1]Represents Stock Appreciation Right ("SAR") granted to the reporting person pursuant to the Issuer's 2009 Performance Incentive Plan and the SAR Grant Agreement dated March 8, 2013 ("Grant Agreement").
- [F2]Pursuant to the Grant Agreement all 14,237 SARs vest on the first anniversary of the date of grant; all SAR exercises will be settled in cash.
- [F3]Each SAR will terminate and may no longer be exercised upon the earlier to occur of (i) discontinuance of the reporting person's services or (ii) deemed exercise of the SAR pursuant to the SAR Grant Agreement.