Prochnow Elizabeth D 4
4 · VAALCO ENERGY INC /DE/ · Filed Jun 29, 2020
Insider Transaction Report
Form 4
BRUMLEY ELIZABETH D
Controller and Princ Acct Off
Transactions
- Award
Common Stock
2020-06-25+52,500→ 70,769 total - Award
Employee Stock Options
2020-06-25+84,677→ 84,677 totalExercise: $1.23From: 2021-06-25Exp: 2024-06-25→ Common Stock (84,677 underlying)
Footnotes (2)
- [F1]The Company granted shares of restricted stock under the Company's 2020 Long-Term Incentive Compensation Plan. The shares vest in three equal annual installments beginning on the first anniversary of the date of grant.
- [F2]Stock options issued on June 25, 2020 vest in equal installments annually on June 25, 2021, June 25, 2022 and June 25, 2023 and upon satisfaction of stock price appreciation of 15%, 32.5% and 52.5%, respectably, using a 30 day average stock price from the stock price on the date of the grant