DeNezza Matthew R 4
4 · Eclipse Resources Corp · Filed Feb 27, 2018
Insider Transaction Report
Form 4
DeNezza Matthew R
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2018-02-23+23,953→ 614,063 total - Tax Payment
Common Stock
2018-02-23$1.67/sh−6,366$10,631→ 607,697 total - Award
Common Stock
2018-02-23$1.67/sh+219,875$367,191→ 827,572 total - Tax Payment
Common Stock
2018-02-24$1.70/sh−28,481$48,418→ 799,091 total - Tax Payment
Common Stock
2018-02-24$1.70/sh−8,535$14,510→ 790,556 total - Exercise/Conversion
Restricted Stock Unit
2018-02-23−23,953→ 0 total→ Common Stock (23,953 underlying) - Award
Performance Stock Unit
2018-02-23+219,875→ 0 total→ Common Stock (219,875 underlying)
Footnotes (6)
- [F1]On February 23, 2015, the reporting person was granted 71,859 restricted stock units, with each unit representing the right to receive one share of the issuer's common stock. The final 33.33% of the total shares underlying the restricted stock units vested on February 23, 2018.
- [F2]Represents shares withheld to satisfy tax obligations upon the vesting of the restricted stock on February 23, 2018.
- [F3]Represents restricted stock units representing the right to receive one share of common stock per unit granted on February 23, 2018 under the Company's 2014 Long-Term Incentive Plan, as amended, which vest in three equal installments of 33.33%, 33.33% and 33.33% on February 23, 2019, February 23, 2020 and February 23, 2021, respectively.
- [F4]On February 24, 2017, the reporting person was granted 310,930 restricted stock units, with each unit representing the right to receive one share of the issuer's common stock. 33.33% of the total shares underlying the restricted stock units vested on February 24, 2018. The remaining restricted stock units will vest 33.33% on February 24, 2019 and 33.33% on February 24, 2020.
- [F5]Represents shares withheld to satisfy tax obligations upon the vesting in full of restricted stock units for an award that the Reporting Person was granted on February 24, 2017 in the amount of 31,336 restricted stock units, with each unit representing the right to receive one share of the issuer's common stock.
- [F6]Represents performance stock units representing the right to receive one share of common stock per unit granted on February 23, 2018 under the Company's 2014 Long-Term Incentive Plan, as amended, the vesting of which is subject to the satisfaction of certain performance criteria in the period beginning January 1, 2018 and ending on December 31, 2020.