DesAutels David 4
4 · VAALCO ENERGY INC /DE/ · Filed Mar 15, 2022
Insider Transaction Report
Form 4
DesAutels David
Vice President
Transactions
- Award
Common Stock
2022-03-11+13,658→ 204,816 total - Award
Employee Stock Option (right to buy)
2022-03-11+30,849→ 30,849 totalExercise: $6.41From: 2023-03-11Exp: 2032-03-11→ Common Stock (30,849 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 11, 2022, the reporting person was granted an option, pursuant to the Plan, to purchase 30,849 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.