Herz Daniel C 4
4 · Falcon Minerals Corp · Filed Mar 16, 2020
Insider Transaction Report
Form 4
Herz Daniel C
DirectorPresident
Transactions
- Award
Class A Common Stock
2020-03-13+90,334→ 1,247,530 total - Award
Performance Stock Unit
2020-03-13+361,336→ 361,336 totalExp: 2024-03-13→ Class A Common Stock (361,336 underlying)
Footnotes (2)
- [F1]The Reporting Person has been granted time-based restricted stock pursuant to the Issuer's 2018 Long Term Incentive Plan ("LTIP"). The award vests one-third per year beginning on the first anniversary of the grant date.
- [F2]The Reporting Person has been granted performance and time vesting stock units pursuant to the LTIP. The award time-vests in full on March 13, 2023 and performance-vests upon shareholders' returns achieving predetermined return goals. Upon vesting, the Reporting Person shall receive a corresponding number of shares of Class A common stock or, in the sole discretion of the Issuer's Compensation Committee, an amount in cash equal to the fair market value of the shares of Class A common stock otherwise deliverable.