Maxwell George W.M. 4
4 · VAALCO ENERGY INC /DE/ · Filed Jun 10, 2024
Insider Transaction Report
Form 4
Maxwell George W.M.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2024-06-06+141,156→ 381,291 total - Award
Option to purchase Common Stock
2024-06-06+261,545→ 261,545 totalExercise: $5.96From: 2025-06-06Exp: 2034-06-06→ Common Stock (261,545 underlying)
Footnotes (2)
- [F1]Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan (the "Plan"). The shares vest in three equal annual installments beginning on the first anniversary of the date of grant.
- [F2]On June 6, 2024, the reporting person was granted an option, pursuant to the Plan, to purchase 261,545 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 15.0%, 32.5% and 52.5%, respectively, using a 30-day average stock price from the stock price on the date of the grant.