Laredo Petroleum, Inc. 4
4 · Laredo Petroleum, Inc. · Filed Feb 22, 2017
Insider Transaction Report
Form 4
Curth Patrick J
Sr. V.P. Exploration and Land
Transactions
- Award
Stock Option (Right to buy)
2017-02-17+31,571→ 31,571 totalExercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (31,571 underlying) - Award
Common Stock
2017-02-17$14.12/sh+20,872$294,713→ 193,798 total - Award
Performance Units
2017-02-17+41,744→ 41,744 totalFrom: 2020-02-17→ Common Stock (41,744 underlying)
Holdings
- 105,536
Performance Units
From: 2019-02-19→ Common Stock (105,536 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) - 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: 2017-02-27→ Common Stock (21,068 underlying) - 84,173
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (84,173 underlying) - 43,472
Performance Units
From: 2018-02-27→ Common Stock (43,472 underlying)
Footnotes (6)
- [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]This stock option was 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.
- [F3]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.
- [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, 2018. 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, 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 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.