CAMAC Energy Inc. 4
4 · CAMAC Energy Inc. · Filed Feb 20, 2015
Insider Transaction Report
Form 4
Evanoff Nicolas J
General Counsel SR VP
Transactions
- Award
Common Stock
2015-02-17+460,443→ 2,153,501 total
Footnotes (2)
- [F1]Restricted common stock of Issuer granted to Reporting Person on February 17, 2015 pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Vesting occurs on the three-year anniversary of the grant date, based on the relative Total Shareholder Return ("TSR") of the Issuer as compared to the TSR of each of the companies in the Issuer's peer group over the three-year period beginning on the grant date, and subject to the Reporting Person's continuous employment through the vesting date and the terms and conditions of the Restricted Stock Purchase Agreement. Shares reported represent the target shares, and actual vesting could be anywhere from 0 to 150% of the number of shares initially granted, with any unvested shares subject to forfeiture.
- [F2]The price per share is $0. The grant was valued at $0.395 per share.