DeMuth Brant 4
4 · Bonanza Creek Energy, Inc. · Filed Nov 14, 2018
Insider Transaction Report
Form 4
DeMuth Brant
EVP & Chief Financial Officer
Transactions
- Award
Common Stock
2018-11-14+23,338→ 23,338 total
Footnotes (1)
- [F1]Represents restricted stock units with respect to shares of the Issuer's Common Stock granted to the Reporting Person on November 14, 2018, pursuant to the employment inducement award exemption of Section 303A.08 under the New York Stock Exchange's Listed Company Manual. The restricted stock units are scheduled to vest in five equal installments on the first five anniversaries of the date of grant. The number of shares was determined by dividing the award value of $650,000 by $27.8512 (which was the volume-weighted average price of a share for the 30-trading day period immediately preceding the date of grant).