4//SEC Filing
Erin Energy Corp. 4
Accession 0001402281-17-000070
CIK 0001402281operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 7:30 PM ET
Size
7.0 KB
Accession
0001402281-17-000070
Insider Transaction Report
Form 4
Ayoade Sakiru Adefemi (Femi)
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2017-05-18+29,166→ 29,166 total
Holdings
- 133,333
Incentive Stock Option (Right to Buy)
Exercise: $1.80Exp: 2022-05-22→ Common Stock (133,333 underlying)
Footnotes (3)
- [F1]The Price per share is $0. The grant was valued at $1.80 per share.
- [F2]Common stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 100% of the shares become vested and nonforfeitable on the twelve (12)month anniversary of May 18, 2017 (the "Vesting Commencement Date"), subject to recipient's continued service as a member of the Company's Board of Directors and subject to the terms and conditions of a Restricted Stock Purchase Agreement to be entered into by and between the Company and Grantee.
- [F3]Option to purchase common stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. The option vests at the rate of one-third of the total shares on May 18, 2018 (44,444), May 18, 2019 (44,444), and May 18, 2020 (44,445).
Documents
Issuer
Erin Energy Corp.
CIK 0001402281
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001402281
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 7:30 PM ET
- Size
- 7.0 KB