Home/Filings/4/0001528129-17-000057
4//SEC Filing

Laredo Petroleum, Inc. 4

Accession 0001528129-17-000057

$VTLECIK 0001528129operating

Filed

Feb 28, 7:00 PM ET

Accepted

Mar 1, 4:57 PM ET

Size

21.9 KB

Accession

0001528129-17-000057

Insider Transaction Report

Form 4
Period: 2017-02-27
Dornblaser Kenneth E
Sr. V.P. and General Counsel
Transactions
  • Tax Payment

    Common Stock

    2017-02-277,975140,805 total
  • Exercise/Conversion

    Performance Units

    2017-02-2719,4050 total
    From: 2016-12-31Common Stock (19,405 underlying)
  • Exercise/Conversion

    Common Stock

    2017-02-27$13.91/sh+14,554$202,446155,359 total
Holdings
  • Stock Option (Right to buy)

    Exercise: $14.12From: 2018-02-17Exp: 2027-02-17Common Stock (29,472 underlying)
    29,472
  • Performance Units

    From: 2018-02-27Common Stock (40,040 underlying)
    40,040
  • Stock Option (Right to buy)

    Exercise: $17.34From: 2014-02-15Exp: 2023-02-15Common Stock (26,348 underlying)
    26,348
  • Performance Units

    From: 2019-02-19Common Stock (97,204 underlying)
    97,204
  • Performance Units

    From: 2020-02-17Common Stock (38,968 underlying)
    38,968
  • Stock Option (Right to buy)

    Exercise: $4.10From: 2017-02-19Exp: 2026-02-19Common Stock (77,528 underlying)
    77,528
  • Stock Option (Right to buy)

    Exercise: $11.93From: 2016-02-27Exp: 2025-02-27Common Stock (41,976 underlying)
    41,976
  • Stock Option (Right to buy)

    Exercise: $25.60From: 2015-02-27Exp: 2024-02-27Common Stock (24,010 underlying)
    24,010
  • Stock Option (Right to buy)

    Exercise: $24.11From: 2013-02-03Exp: 2022-02-03Common Stock (13,971 underlying)
    13,971
Footnotes (6)
  • [F1]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.
  • [F2]The performance units were granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 4 filed by the Issuer on March 3, 2014. Each performance unit represented a share of common stock. The performance units vested on February 27, 2017, and became payable 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. Based on the actual performance criteria satisfied, 75% of the shares were issued, resulting in the issuance of 14,554 shares of common stock.
  • [F3]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.
  • [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.

Issuer

Laredo Petroleum, Inc.

CIK 0001528129

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001528129

Filing Metadata

Form type
4
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:57 PM ET
Size
21.9 KB