Vantage Drilling CO 4
4 · Vantage Drilling CO · Filed Jan 14, 2014
Insider Transaction Report
Form 4
OLEARY JOHN C G
Director
Transactions
- Award
Ordinary Shares
2014-01-13+180,000→ 3,557,784 total - Award
Performance Units
2014-01-13+90,000→ 280,300 totalExp: 2017-12-31→ Ordinary Shares (135,000 underlying)
Footnotes (3)
- [F1]Restricted shares granted pursuant to Amended and Restated 2007 Long-Term Incentive Plan. These shares will vest annually in four equal installments beginning on January 13, 2015.
- [F2]Each performance unit represents a contingent right to receive up to one and one half ordinary shares. Amount indicated reflects the target number of performance units awarded pursuant to the Amended and Restated 2007 Long-Term Incentive Plan. During the three year performance period to which these performance units are subject, the participant will receive the pro rata portion of the target award that corresponds with the company's attainment of total shareholder return relative to the company's peer group.
- [F3]Reflects number of ordinary shares that may be received if maximum level of performance is attained in all three years of the performance period.