Burke Lyle H. 4
4 · Lone Pine Resources Inc. · Filed Nov 23, 2011
Insider Transaction Report
Form 4
Burke Lyle H.
VP New Ventures & Technology
Transactions
- Award
Phantom Stock Units
2011-11-21+32,181→ 32,181 totalExp: 2014-11-21→ Common Stock (32,181 underlying)
Footnotes (2)
- [F1]Phantom Stock unit award granted pursuant to the terms of the 2011 Stock Incentive Plan. Each unit of phantom stock is the economic equivalent of one share of Lone Pine Resources Inc. common stock and will be settled in shares of Lone Pine Resources Inc. common stock, cash or a combination thereof as determined by the compensation committee in its sole discretion.
- [F2]This award vests in three equal installments on each of the first three anniversaries of the date of grant.