4//SEC Filing
Laredo Petroleum, Inc. 4
Accession 0001528129-16-000245
$VTLECIK 0001528129operating
Filed
May 26, 8:00 PM ET
Accepted
May 27, 9:04 AM ET
Size
19.9 KB
Accession
0001528129-16-000245
Insider Transaction Report
Form 4
Curth Patrick J
Sr. V.P. Exploration and Land
Transactions
- Award
Performance Units
2016-05-25+105,536→ 105,536 totalFrom: 2018-12-31→ Common Stock (105,536 underlying) - Award
Common Stock
2016-05-25$12.36/sh+52,768$652,212→ 189,926 total - Award
Stock Option (Right to buy)
2016-05-25+84,173→ 84,173 totalExercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (84,173 underlying)
Holdings
- 45,574
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (45,574 underlying) - 21,068
Performance Units
From: 2016-12-31→ Common Stock (21,068 underlying) - 43,472
Performance Units
From: 2017-12-31→ Common Stock (43,472 underlying) - 26,068
Stock Option (Right to buy)
Exercise: $25.60From: 2015-02-27Exp: 2024-02-27→ Common Stock (26,068 underlying) - 33,330
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (33,330 underlying) - 21,131
Stock Option (Right to buy)
Exercise: $24.11From: 2013-02-03Exp: 2022-02-03→ Common Stock (21,131 underlying)
Footnotes (6)
- [F1]On February 19, 2016, the compensation committee of the Issuer's board of directors approved this grant to the Reporting Person, subject to and contingent upon approval by the Issuer's stockholders of an amendment to the Omnibus Equity Incentive Plan at the Issuer's 2016 annual meeting of stockholders to, among other things, increase the number of shares authorized for issuance thereunder. On May 25, 2016, the Issuer's stockholders approved such amendment. These restricted shares are granted under the Issuer's Omnibus Equity Incentive Plan and will vest in three equal annual installments on February 19, 2017, February 19, 2018 and February 19, 2019.
- [F2]On February 19, 2016, the compensation committee of the Issuer's board of directors approved this grant to the Reporting Person, subject to and contingent upon approval by the Issuer's stockholders of an amendment to the Omnibus Equity Incentive Plan at the Issuer's 2016 annual meeting of stockholders to, among other things, increase the number of shares authorized for issuance thereunder. On May 25, 2016, the Issuer's stockholders approved such amendment. This stock option is granted under the Issuer's Omnibus Equity Incentive Plan and is exercisable as to 25% on each of February 19, 2017, February 19, 2018, February 19, 2019 and February 19, 2020.
- [F3]On February 19, 2016, the compensation committee of the Issuer's board of directors approved this grant to the Reporting Person, subject to and contingent upon approval by the Issuer's stockholders of an amendment to the Omnibus Equity Incentive Plan at the Issuer's 2016 annual meeting of stockholders to, among other things, increase the number of shares authorized for issuance thereunder. On May 25, 2016, the Issuer's stockholders approved such amendment. These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2018. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
- [F4]This stock option is granted under the Issuer's Omnibus Equity Incentive Plan and is exercisable as to 25% on each of the first four anniversaries of the date of the grant.
- [F5]These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2017. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
- [F6]These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2016. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
Documents
Issuer
Laredo Petroleum, Inc.
CIK 0001528129
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001528129
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 9:04 AM ET
- Size
- 19.9 KB