Bonanza Creek Energy, Inc. 4
4 · Bonanza Creek Energy, Inc. · Filed Jul 21, 2016
Insider Transaction Report
Form 4
Henry Lynn Boone
Sr. VP, Reservoir Engineering
Transactions
- Award
LTIP Units
2016-07-19+108,424→ 108,424 total→ Common Stock (108,424 underlying)
Footnotes (3)
- [F1]Each LTIP unit represents a contingent right to receive one share of BCEI common stock, subject to adjustment as described in Footnote 3.
- [F2]This award will vest in three equal installments on March 15, 2017, March 15, 2018, and March 15, 2019.
- [F3]The distribution at each vesting date will be adjusted downward if the BCEI stock price exceeds $26.00, so that the distribution represents a value equivalent to $26.00 per share.