STEFANOUDAKIS MICHAEL 4
4 · Resolute Energy Corp · Filed Feb 15, 2018
Insider Transaction Report
Form 4
STEFANOUDAKIS MICHAEL
Sr. VP, SecretaryOther
Transactions
- Award
Performance Share Rights
2018-02-13+23,280→ 23,280 totalFrom: 2019-03-08Exp: 2021-03-08→ Common Stock (23,280 underlying) - Award
Common Stock
2018-02-13+46,561→ 122,151 total
Footnotes (4)
- [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, 23,281 total shares will vest by the passage of time ("Time Vested Shares") and 23,280 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 78,688 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]Includes 11,000 shares held by the Reporting Person in an IRA account.
- [F4]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.