4//SEC Filing
Porter J Russell 4
Accession 0001209191-18-024712
CIK 0001431372other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 11:41 AM ET
Size
14.8 KB
Accession
0001209191-18-024712
Insider Transaction Report
Form 4
Porter J Russell
DirectorPresident
Transactions
- Disposition to Issuer
Common Stock
2018-04-10−386,719→ 3,729,265 total - Disposition to Issuer
2018 Performance Based Units
2018-04-10−386,719→ 0 totalExercise: $0.00Exp: 2021-01-30→ Common Stock (386,719 underlying) - Tax Payment
Common Stock
2018-04-10$0.63/sh−978,126$616,219→ 4,115,984 total - Disposition to Issuer
2016 Performance Based Units
2018-04-10−404,412→ 0 totalExercise: $0.00Exp: 2019-01-30→ Common Stock (404,412 underlying) - Disposition to Issuer
2017 Performance Based Units
2018-04-10−372,741→ 0 totalExercise: $0.00Exp: 2020-01-30→ Common Stock (372,741 underlying)
Holdings
- 150,000(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Shares forfeited to meet tax obligation of accelerated restricted share vesting upon termination.
- [F2]Unvested restricted shares forfeited upon termination.
- [F3]On July 10, 2014, the reporting person gifted 150,000 shares to his children in trusts for which the reporting person acts as the trustee as follows: The James Breckenridge Porter Trust of 2014 - 37,500 shares, The Grant Anderson Porter Trust of 2014 - 37,500 shares, The Addison Ann Porter Trust of 2014 - 37,500 shares and The Lily Madeline Porter Trust of 2014 - 37,500 shares. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for the purposes of Section 16 or for any other purpose.
- [F4]Unvested performance based units forfeited upon termination.
- [F5]These PBUs were to vest in their entirety at the end of a three-year performance period as previously reported.
Documents
Issuer
Gastar Exploration Inc.
CIK 0001431372
Entity typeother
Related Parties
1- filerCIK 0001348372
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 11:41 AM ET
- Size
- 14.8 KB