Carbon Natural Gas Co 4
4 · Carbon Natural Gas Co · Filed Apr 11, 2016
Insider Transaction Report
Form 4
STRUZESKI KEVIN D
CHIEF FINANCIAL OFFICER
Transactions
- Award
COMMON STOCK
[F1]2016-04-07+264,000→ 1,629,047 total - Exercise/Conversion
Performance Units
[F1][F2]2016-04-07−264,000→ 180,800 total→ Common Stock (180,800 underlying)
Footnotes (2)
- [F1]Reflects the acquisition of shares of Common Stock upon the satisfaction of certain performance criteria.
- [F2]Each remaining Performance Unit represents a contingent right to receive one share of CRBO Common Stock upon a change in control of CRBO.
Signature
/s/ Kevin D. Struzeski|2016-04-11