Bart Todd 4
4 · Eclipse Resources Corp · Filed Jan 18, 2019
Insider Transaction Report
Form 4
Bart Todd
VP & Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2019-01-17$1.05/sh−2,926$3,072→ 39,964 total - Exercise/Conversion
Performance Units
2019-01-17+8,354→ 0 total→ Common Stock (8,354 underlying) - Exercise/Conversion
Common Stock
2019-01-17+8,354→ 42,890 total
Footnotes (3)
- [F1]On April 22, 2016, the Reporting Person was granted 16,708 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, 2016 and ending on December 31, 2018. On January 17, 2019, 8,354 of the performance units vested, and as a result, the Reporting Person received 8,354 shares of the issuer's common stock.
- [F2]Represents shares withheld to satisfy tax obligations upon vesting of 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, 2018.