4//SEC Filing
Laredo Petroleum, Inc. 4
Accession 0001528129-17-000033
$VTLECIK 0001528129operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:40 AM ET
Size
22.0 KB
Accession
0001528129-17-000033
Insider Transaction Report
Form 4
Buterbaugh Richard C
Sr. V.P. of Investor Relations
Transactions
- Award
Common Stock
2017-02-17$14.12/sh+34,875$492,435→ 254,827 total - Award
Stock Option (Right to buy)
2017-02-17+52,754→ 52,754 totalExercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (52,754 underlying) - Tax Payment
Common Stock
2017-02-17−9,491→ 245,336 total - Award
Performance Units
2017-02-17+69,751→ 69,751 totalFrom: 2020-02-17→ Common Stock (69,751 underlying)
Holdings
- 70,927
Performance Units
From: 2018-02-27→ Common Stock (70,927 underlying) - 42,532
Stock Option (Right to buy)
Exercise: $25.60From: 2015-02-27Exp: 2024-02-27→ Common Stock (42,532 underlying) - 172,190
Performance Units
From: 2019-02-19→ Common Stock (172,190 underlying) - 34,374
Performance Units
From: 2017-02-27→ Common Stock (34,374 underlying) - 137,335
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (137,335 underlying) - 42,961
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (42,961 underlying) - 74,358
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (74,358 underlying)
Footnotes (7)
- [F1]These restricted shares are granted under the Issuer's Omnibus Equity Incentive Plan and will vest in three equal annual installments beginning on the first anniversary date of the grant.
- [F2]Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Persons in connection with the vesting of a portion of restricted shares previously granted to the Reporting Person under the Issuer's Omnibus Equity Incentive Plan.
- [F3]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.
- [F4]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, 2019. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
- [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, 2018. 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, 2017. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
- [F7]These performance share units are granted under the Issuer's 2011 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. As their performance criteria were satisfied, 75% of the shares will be issued during the first quarter of 2017 if the February 27, 2017 vesting criteria is satisfied.
Documents
Issuer
Laredo Petroleum, Inc.
CIK 0001528129
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001528129
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 8:40 AM ET
- Size
- 22.0 KB