Grenzenbach Jared 4
4 · SRC Energy Inc. · Filed Feb 7, 2019
Insider Transaction Report
Form 4
SRC Energy Inc.SRCI
Grenzenbach Jared
Chief Accounting Officer
Transactions
- Award
Common Stock
2019-02-05+25,526→ 101,827 total - Award
Performance Share Units
2019-02-05+20,886→ 20,886 totalExercise: $0.00Exp: 2021-12-31→ Common Stock (20,886 underlying)
Footnotes (2)
- [F1]Reflects a grant of restricted stock units that will vest 33% on each of January 1, 2020 and January 1, 2021 and 34% on January 1, 2022 provided that the recipient continues to provide substantial services to the Company or an affiliate continuously through the applicable vesting dates.
- [F2]The reporting person may vest in 0% - 200% of the Target Performance Share Units based on a combination of absolute Total Shareholder Return ("TSR") and relative TSR of the Company measured against the TSR of certain peer companies, both as measured over the period between January 1, 2019 and December 31, 2021 provided that the recipient continues to provide substantial services to the Company or an affiliate continuously from the grant date through December 31, 2021.