LARKIN TIMOTHY A 4
4 · WARREN RESOURCES INC · Filed Mar 6, 2013
Insider Transaction Report
Form 4
LARKIN TIMOTHY A
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2013-03-04$2.68/sh+22,966$61,549→ 221,279 total - Tax Payment
Common Stock
2013-03-04$2.68/sh−7,683$20,590→ 213,596 total - Exercise/Conversion
Restricted Stock Units
2013-03-04$2.68/sh−22,966$61,549→ 22,967 totalExercise: $0.00From: 2013-03-04Exp: 2014-03-04→ Common Stock (22,966 underlying)
Footnotes (2)
- [F1]On March 4, 2011, Reporting Person was issued restricted stock units (RSUs). Each RSU represented a contingent right to one (1) share of Warren Resources, Inc. common stock once vested. The RSUs granted on March 4, 2011 vest: 1/3rd on March 4, 2012, 1/3rd on March 4, 2013 and 1/3rd on March 4, 2014.
- [F2]Restricted Stock vested through net settlement with the Company pursuant to which the Company withheld the number of shares necessary to cover Reporting Person's minimum tax withholding.