Bain Ronald Y 4
4 · VAALCO ENERGY INC /DE/ · Filed Jun 12, 2023
Insider Transaction Report
Form 4
Bain Ronald Y
Chief Financial Officer
Transactions
- Award
Common stock
2023-06-08+35,800→ 62,044 total - Award
Option to purchase Common Stock
2023-06-08+59,289→ 59,289 totalExercise: $4.19From: 2024-06-08Exp: 2033-06-08→ Common Stock (59,289 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 "Plan"). The shares vest in three equal annual installments beginning on the first anniversary of the date of grant.
- [F2]On June 8, 2023, the reporting person was granted an option, pursuant to the Plan, to purchase 59,289 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.