Herz Daniel C 4
4 · Falcon Minerals Corp · Filed Apr 23, 2019
Insider Transaction Report
Form 4
Herz Daniel C
DirectorPresident
Transactions
- Award
Class A Common Stock
2019-04-19+133,333→ 1,157,196 total - Award
Performance Stock Unit
2019-04-19+533,334→ 533,334 totalExp: 2025-08-23→ Class A common stock (533,334 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 in full on the third 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 August 23, 2021 and performance-vests upon the Issuer's stock achieving certain market price points. 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.