4//SEC Filing
Andrews Richard Kevin 4
Accession 0001209191-20-048214
CIK 0001282648other
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 4:13 PM ET
Size
18.8 KB
Accession
0001209191-20-048214
Insider Transaction Report
Form 4
Andrews Richard Kevin
EVP, CFO and Treasurer
Transactions
- Award
Restricted Stock Unit
2020-08-21+26,564→ 26,564 total→ Common Stock (26,564 underlying) - Award
Restricted Stock Unit
2020-08-21+26,564→ 26,564 total→ Common Stock (26,564 underlying) - Award
Employee Stock Option (Right to Buy)
2020-08-21+26,564→ 26,564 totalExercise: $28.23Exp: 2027-08-21→ Common Stock (26,564 underlying) - Award
Restricted Stock Unit
2020-08-21+53,128→ 53,128 total→ Common Stock (53,128 underlying) - Award
Employee Stock Option (Right to Buy)
2020-08-21+26,564→ 26,564 totalExercise: $18.91Exp: 2027-08-21→ Common Stock (26,564 underlying) - Award
Employee Stock Option (Right to Buy)
2020-08-21+26,564→ 26,564 totalExercise: $37.83Exp: 2027-08-21→ Common Stock (26,564 underlying)
Footnotes (7)
- [F1]All awards are pursuant to the Battalion Oil Corporation 2020 Long-Term Incentive Plan ("the LTIP") approved and adopted by the Board of Directors.
- [F2]The Reporting Person received an award of stock options ("Options"). The exercise price per share of the Options will be equal to an Issuer equity value of $335.0 million divided by the number of shares outstanding. The Options vest in four equal annual installments beginning February 20, 2021.
- [F3]The Reporting Person received an award of stock options ("Options"). The exercise price per share of the Options will be equal to an Issuer equity value of $500.0 million divided by the number of shares outstanding. The Options vest in four equal annual installments beginning February 20, 2021.
- [F4]The Reporting Person received an award of stock options ("Options"). The exercise price per share of the Options will be equal to an Issuer equity value of $670.0 million divided by the number of shares outstanding. The Options vest in four equal annual installments beginning February 20, 2021.
- [F5]The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in four equal annual installments beginning August 21, 2021.
- [F6]The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in full only upon the achievement of certain business combination goals.
- [F7]The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock, subject to a decrease to zero based on the Issuer's total shareholder return relative to the total shareholder return of certain of its peer companies over the four-year period ending on February 20, 2024 (the "Performance Period".) The RSUs vest at the end of the Performance Period.
Documents
Issuer
BATTALION OIL CORP
CIK 0001282648
Entity typeother
Related Parties
1- filerCIK 0001822498
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 4:13 PM ET
- Size
- 18.8 KB