Erin Energy Corp. 4
4 · Erin Energy Corp. · Filed May 8, 2015
Insider Transaction Report
Form 4
Evanoff Nicolas J
General Counsel SR VP
Transactions
- Sale
Common Stock
2015-04-21$4.53/sh−8,918$40,409→ 354,998 total
Footnotes (3)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the April 8, 2015 vesting of Restricted Common stock granted to Reporting Person on April 8, 2013 pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. This sale is made to satisfy the tax withholding obligations funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]Reporting person sold these shares pursuant to a Rule 10b5-1 plan at an average price of $4.5312.
- [F3]The aggregate total is adjusted to reflect a six-to-one reverse stock split of the Company's common stock which became effective on April 22, 2015.