HARVEST NATURAL RESOURCES, INC. 4
4 · HARVEST NATURAL RESOURCES, INC. · Filed Jul 24, 2015
Insider Transaction Report
Form 4
HEAD KEITH L
Vice President
Transactions
- Award
Stock Options
2015-07-22+81,000→ 317,500 totalExercise: $1.13Exp: 2020-07-22→ Common Stock, $0.1 par value per share (81,000 underlying) - Award
Phantom Stock
2015-07-22+151,000→ 1,100,000 totalFrom: 2018-07-22→ Common Stock, $0.1 par value per share (151,000 underlying) - Award
Stock Appreciation Right
2015-07-22+486,000→ 889,000 totalExercise: $1.13Exp: 2020-07-22→ Common Stock, $0.1 par value per share (486,000 underlying)
Holdings
- 34,008
Common Stock, $.01 par value per share
Footnotes (11)
- [F1]Includes shares of restricted stock granted to the reporting person by the Company's board of directors pursuant to various plans.
- [F10]Phantom Stock (Restricted Stock Units) have no expiration dates.
- [F11]Includes options to purchase the Company's common stock, Stock Appreciation Rights and Phantom Stock (Restricted Stock Units) granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.
- [F2]In addition to vesting in one-third increments per year, the options and SARS awarded on July 22, 2015 will not become exercisable until the first day on which the volume weighted average price of the common stock over any 30-day period, commencing on or after the award date, equals or exceeds $2.50 per share, as reported by the New York Stock Exchange.
- [F3]Options granted by the Company's Board of Directors pursuant to the Company's 2006 Long Term Incentive Plan. These options are exercisable in one-third increments per year from the effective date of the grant and will be exercisable in full on July 22, 2018.
- [F4]Includes options to purchase the Company's common stock granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.
- [F5]The Stock Appreciation Rights granted vest at a rate of one third per year beginning the first year from the effective date of the grant and will be exercisable in full on July 22, 2018.
- [F6]Stock Appreciation Right granted by the Company's board of directors.
- [F7]Includes options to purchase the Company's common stock and Stock Appreciation Rights granted pursuant to various plans and having varying exercise dates, expiration dates and exercise prices.
- [F8]In addition to the three year vesting requirement, the RSUs awarded on July 22, 2015 will not vest until the first day on which the volume weighted average price of the common stock over any 30-day period, commencing on or after the award date, equals or exceeds $2.50 per share, as reported by the New York Stock Exchange.
- [F9]Each share of phantom stock is the economic equivalent of one share of HNR common stock.