Resolute Energy Corp 4
4 · Resolute Energy Corp · Filed Mar 3, 2014
Insider Transaction Report
Form 4
Covington Richard L
Director
Transactions
- Award
Stock Appreciation Right
2014-02-27+14,501→ 14,501 totalExercise: $8.62→ Common Stock (14,501 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 February 27, 2014 ("Grant Agreement").
- [F2]Pursuant to the Grant Agreement all 14,501 SARs vest March 8, 2015; 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.