HALCON RESOURCES CORP 4
4 · HALCON RESOURCES CORP · Filed Mar 3, 2014
Insider Transaction Report
Form 4
Cusack Charles E III
EVP, Exploration
Transactions
- Award
Performance Share Units
2014-02-27+180,368→ 180,368 total→ Common Stock (360,736 underlying) - Award
Common Stock
2014-02-27+60,123→ 572,707 total
Holdings
- 20,000(indirect: By LP)
Common Stock
- 23,334(indirect: By Cusack Ranch Corporation)
Common Stock
Footnotes (3)
- [F1]Shares owned by a limited partnership of which the reporting person and his spouse are general partners. The reporting person disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]The Performance Share Units ("PSU") will vest and thereupon represent the right to receive up to the aggregate number of shares of Halcon common stock reflected in the table above if the average market price of Halcon's common stock equals or exceeds a target threshold preceding the third anniversary of the grant date. Fewer shares will be received at lower prices relative to the target, subject to a floor below which no PSUs will vest. Any PSUs that are not vested at such time will terminate. PSUs are subject to forfeiture under certain circumstances.