Loos Timothy J. 4
4 · Montage Resources Corp · Filed Feb 10, 2020
Insider Transaction Report
Form 4
Loos Timothy J.
See Remarks
Transactions
- Tax Payment
Common Stock
2020-02-06$7.94/sh−270$2,144→ 17,744 total - Exercise/Conversion
Performance Units
2020-02-06−912→ 0 total→ Common Stock (912 underlying) - Exercise/Conversion
Common Stock
2020-02-06+912→ 18,014 total
Footnotes (3)
- [F1]On February 24, 2017, the Reporting Person was granted 1,823 performance 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 units was subject to the satisfaction of certain performance criteria during the period beginning on January 1, 2017 and ending on December 31, 2019. On February 6, 2020, 912 of the performance units vested and the Reporting Person received 912 shares of the Issuer's common stock.
- [F2]Represents shares withheld to satisfy tax withholding obligations upon vesting of performance units.
- [F3]Represents the closing price per share of the Issuer's common stock as of the end of the applicable performance period, which was December 31, 2019.