Downs Michael J 4
4 · Falcon Minerals Corp · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Downs Michael J
Chief Operating Officer
Transactions
- Award
Class A Common Stock
2021-02-15+33,622→ 123,080 total - Award
Performance Stock Unit
2021-02-15+67,243→ 67,243 totalExp: 2025-02-15→ Class A Common Stock (67,243 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 February 15, 2024 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.