LIBERATORE THOMAS S 4
4 · Eclipse Resources Corp · Filed Jan 23, 2018
Insider Transaction Report
Form 4
LIBERATORE THOMAS S
EVP & Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2018-01-19+33,147→ 650,719 total - Tax Payment
Common Stock
2018-01-19$2.40/sh−10,106$24,254→ 640,613 total - Exercise/Conversion
Performance Units
2018-01-19+33,147→ 0 total→ Common Stock (33,147 underlying)
Holdings
- 248,329(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]On February 23, 2015, the Reporting Person was granted 44,196 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, 33,147 of the performance stock units vested, and as a result, the Reporting Person received 33,147 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 the issuer's common stock held by Kirkwood Capital, L.P., which is controlled by the Reporting Person.