Silver Michael G 4
4 · VAALCO ENERGY INC /DE/ · Filed Mar 5, 2021
Insider Transaction Report
Form 4
Silver Michael G
VP, General Counsel
Transactions
- Award
Common Stock
2021-03-03+33,439→ 106,599 total - Award
Employee Stock Option (right to buy)
2021-03-03+52,764→ 52,764 totalExercise: $3.14From: 2022-03-03Exp: 2031-03-03→ Common Stock (52,764 underlying)
Footnotes (2)
- [F1]Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan. The shares vest in three equal annual installments beginning on the first anniversary of the date of grant.
- [F2]On March 3, 2021, the reporting person was granted an option to purchase 52,764 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 15.0%, 32.5% and 52.5%, respectively, using a 30-day average stock price from the stock price on the date of the grant.