Smith Richard Anthony 4
4 · Cobalt International Energy, Inc. · Filed Mar 5, 2018
Insider Transaction Report
Form 4
Smith Richard Anthony
Vice President
Transactions
- Tax Payment
Common Stock
2018-03-01$0.47/sh−562$264→ 27,083 total - Exercise/Conversion
Common Stock
2018-03-01+1,893→ 27,645 total - Exercise/Conversion
Restricted Stock Units
2018-03-01−1,893→ 1,893 total→ Common Stock (1,893 underlying)
Holdings
- 680(indirect: see footnote)
Common Stock
Footnotes (6)
- [F1]On June 16, 2017, the Issuer effected a 1-for-15 reverse stock split of its Common Stock. The amount of securities reported in this Form 4 has been adjusted to reflect the reverse stock split.
- [F2]Represents shares withheld to pay tax withholding obligations in connection with the vesting of restricted stock.
- [F3]Price based on closing price of Cobalt International Energy, Inc. common stock on February 28,2018.
- [F4]These shares were purchased on behalf of the reporting person's minor child. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F5]The restricted stock units convert into common stock on a one-for-one basis.
- [F6]The reporting person was granted an aggregate of 85,204 restricted stock units on February 18, 2016 that vest in three equal installments on March 1, 2017, March 1, 2018 and March 1, 2019. The number of RSUs have been adjusted to reflect the 1:15 reverse stock split on June 16, 2017.