Bonanza Creek Energy, Inc. 4
4 · Bonanza Creek Energy, Inc. · Filed Dec 8, 2014
Insider Transaction Report
Form 4
Carty Richard J
DirectorChairman of the Board
Transactions
- Purchase
Common Stock
2014-12-05$20.90/sh+30,000$627,000→ 55,231 total
Holdings
- 18,546
Performance Shares
Exp: 2017-11-11→ Common Stock (18,546 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.82 to $21.00 per share, inclusive. The reporting person undertakes to provide Bonanza Creek Energy, Inc., any security holder of Bonanza Creek Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.
- [F2]Includes (i) 34,331 shares of common stock, (ii) 2,354 shares of common stock vesting on the day prior to the Company's 2015 Annual Meeting of Stockholders and (iii) 18,546 shares of restricted common stock subject to vesting.
- [F3]Each performance share represents a contingent right to receive 0-200% of that number of shares of common stock. The amount listed represents what the Reporting Person would receive at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.