4//SEC Filing
Erin Energy Corp. 4
Accession 0001402281-17-000028
CIK 0001402281operating
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 7:57 PM ET
Size
10.7 KB
Accession
0001402281-17-000028
Insider Transaction Report
Form 4
WONG HEIDI
SVP and CAO
Transactions
- Tax Payment
Common Stock
2017-02-15$3.90/sh−6,919$26,984→ 500,218 total - Tax Payment
Common Stock
2017-02-17$3.80/sh−18,529$70,410→ 462,686 total - Award
Common Stock
2017-02-15$3.90/sh+13,218$51,550→ 507,137 total - Tax Payment
Common Stock
2017-02-17$3.80/sh−19,003$72,211→ 481,215 total
Footnotes (5)
- [F1]Common stock of Issuer granted to Reporting Person on February 15, 2017 pursuant to Issuer's Amended 2009 Equity Incentive Plan in lieu of Reporting Person's 2016 annual incentive for payout in 2017. 100% of the shares become vested and nonforfeitable on the date of Grant and are subject to the terms and conditions of the Restricted Shares Grant Agreement.
- [F2]The price per share is $0. The grant was valued at $3.90 per share.
- [F3]Reporting person received 6,299 shares of the Issuer's Common Stock upon net share settlement in connection with the immediate vesting of 13,218 shares of common stock granted to Reporting Person on February 15, 2017, with the remaining 6,919 shares being retained by the Issuer to pay the tax withholding requirements arising from the net share settlement of the restricted stock grant.
- [F4]Reporting person received 13,961 shares of the Issuer's Common Stock upon net share settlement in connection with the February 17, 2017 vesting of 32,964 shares of common stock granted to Reporting Person on February 17, 2015, with the remaining 19,003 shares being retained by the Issuer to pay the tax withholding requirements arising from the net share settlement of the restricted stock grant.
- [F5]Reporting person received 17,144 shares of the Issuer's Common Stock upon net share settlement in connection with the February 17, 2017 vesting of 35,673 shares of common stock granted to Reporting Person on February 17, 2016, with the remaining 18,529 shares being retained by the Issuer to pay the tax withholding requirements arising from the net share settlement of the restricted stock grant.
Documents
Issuer
Erin Energy Corp.
CIK 0001402281
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001402281
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 7:57 PM ET
- Size
- 10.7 KB