HULBURT CHRISTOPHER KENT 4
4 · Eclipse Resources Corp · Filed Jan 23, 2018
Insider Transaction Report
Form 4
HULBURT CHRISTOPHER KENT
DirectorEVP, Secretary & Gen. Counsel
Transactions
- Exercise/Conversion
Common Stock
2018-01-19+35,697→ 672,492 total - Tax Payment
Common Stock
2018-01-19$2.40/sh−10,884$26,122→ 661,608 total - Exercise/Conversion
Performance Units
2018-01-19+35,697→ 0 total→ Common Stock (35,697 underlying)
Holdings
- 248,329(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]On February 23, 2015, the Reporting Person was granted 47,596 performance stock units pursuant to the issuer's 2014 Long-Term Incentive Plan, with each unit representing the right to receive one share of the issuer's common stock. The vesting of the performance stock units was subject to the satisfaction of certain performance criteria during the period beginning on January 1, 2015 and ending on December 31, 2018. On January 19, 2018, 35,697 of the performance stock units vested, and as a result, the Reporting Person received 35,697 shares of the issuer's common stock.
- [F2]Represents shares withheld to satisfy tax obligations upon the vesting of the performance stock units.
- [F3]Represents the issuer's closing stock price per share as of the end of the applicable performance period, which was December 31, 2017.
- [F4]Represents shares of issuer's common stock held by CKH Partners II, L.P., which is controlled by the Reporting Person.