SWIFT ENERGY CO 4
4 · SWIFT ENERGY CO · Filed May 21, 2015
Insider Transaction Report
Form 4
BRUCKMANN WILLIAM A III
Director
Transactions
- Award
Swift Energy Company Common Stock
2015-05-20+42,234→ 45,434 total - Award
Restricted Unit 5/20/2015 - 5/20/2016
2015-05-20+21,116→ 21,116 totalFrom: 2016-05-17Exp: 2016-05-17→ Swift Energy Company Common Stock (21,116 underlying)
Footnotes (2)
- [F1]Restricted Stock Award vesting over 3 years; terms of vesting includes loss of risk of forfeiture in Year 1 and lifting of restrictions with respect to 50% of the award in each of Years 2 and 3.
- [F2]Each Restricted Unit converts into cash equal to the Fair Market Value of one share of the common stock of the Company on the vesting date.