4//SEC Filing
Resolute Energy Corp 4
Accession 0001144204-17-014062
CIK 0001469510operating
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 6:03 PM ET
Size
10.1 KB
Accession
0001144204-17-014062
Insider Transaction Report
Form 4
SUTTON NICHOLAS J
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2017-03-08$38.22/sh−28,418$1,086,136→ 428,506 total - Exercise/Conversion
Common Stock
2017-03-08+22,108→ 456,924 total - Exercise/Conversion
Performance Share Rights
2017-03-08−22,108→ 0 totalExp: 2017-03-08→ Common Stock (22,108 underlying)
Footnotes (6)
- [F1]Represents Outperformance shares received on satisfaction of criteria under Performance Share Rights granted in February 2014. The closing price of the Issuer's common stock on March 8, 2017, the date such shares were earned, was $38.22.
- [F2]Represents shares surrendered to Issuer to cover tax withholding obligations of the Reporting Person pursuant to Issuer's 2009 Performance Incentive Plan upon the earning of 22,108 Outperformance shares, the vesting of 11,407 shares that vested pursuant to Time-vesting criteria and 34,223 shares of restricted stock that vested pursuant to Performance-vesting criteria.
- [F3]Includes 18,358 shares of restricted stock subject to Time- and Performance- vesting criteria, which vest in annual installments in accordance with such criteria through March 8, 2020.
- [F4]Includes 94,150 shares held by the Reporting Person in an IRA account and 276,678 shares held in a revocable trust.
- [F5]Each Performance Share Right represents a right to receive up to the target number of shares of the Issuer's common stock (Outperformance Shares). Outperformance Shares are issued only upon achievement of specified thresholds of cumulative TSR compared to the cumulative TSR of a certain peer group of companies. Potential earning dates for such shares occurred in three annual installments commencing March 8, 2015 through March 8, 2017.
- [F6]Outperformance shares that were not earned as of the last vesting date are no longer eligible to be earned by the Reporting Person after such date.
Documents
Issuer
Resolute Energy Corp
CIK 0001469510
Entity typeoperating
Related Parties
1- filerCIK 0001469510
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 6:03 PM ET
- Size
- 10.1 KB