BRADY BOB D JR 4
4 · Resolute Energy Corp · Filed Feb 15, 2018
Insider Transaction Report
Form 4
BRADY BOB D JR
Vice President - Operations
Transactions
- Award
Common Stock
2018-02-13+39,554→ 85,514 total - Award
Performance Share Rights
2018-02-13+19,777→ 19,777 totalFrom: 2019-03-08Exp: 2021-03-08→ Common Stock (19,777 underlying)
Footnotes (3)
- [F1]This restricted stock was granted pursuant to the Issuer's 2009 Performance Incentive Plan. The Reporting Person's interests in the Restricted Stock will vest pursuant to the vesting schedule set forth in the Equity Incentive Grant Agreement dated February 13, 2018. Pursuant to the Agreement, 19,777 total shares will vest by the passage of time ("Time Vested Shares") and 19,777 shares will vest upon achievement of specified thresholds of cumulative total shareholder return (TSR) compared to certain peers ("Performance Vested Shares") in three annual installments commencing March 8, 2019 through March 8, 2021.
- [F2]Includes 60,863 shares of restricted stock subject to Time- and Performance- Vesting criteria, which vest in annual installments in accordance with such criteria through March 8, 2021.
- [F3]Each Performance Share Right represents a right to receive the target number of shares of the Issuer's common stock. The Performance Share Rights vest upon achievement of specified thresholds of cumulative TSR compared to certain peers. Vesting will occur in three annual installments commencing March 8, 2019 through March 8, 2021.