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
Dornblaser Kenneth E
Sr. V.P. and General Counsel
Transactions
- Tax Payment
Common Stock
2017-02-27−7,975→ 140,805 total - Exercise/Conversion
Performance Units
2017-02-27−19,405→ 0 totalFrom: 2016-12-31→ Common Stock (19,405 underlying) - Exercise/Conversion
Common Stock
2017-02-27$13.91/sh+14,554$202,446→ 155,359 total
Holdings
- 29,472
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (29,472 underlying) - 40,040
Performance Units
From: 2018-02-27→ Common Stock (40,040 underlying) - 26,348
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (26,348 underlying) - 97,204
Performance Units
From: 2019-02-19→ Common Stock (97,204 underlying) - 38,968
Performance Units
From: 2020-02-17→ Common Stock (38,968 underlying) - 77,528
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (77,528 underlying) - 41,976
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (41,976 underlying) - 24,010
Stock Option (Right to buy)
Exercise: $25.60From: 2015-02-27Exp: 2024-02-27→ Common Stock (24,010 underlying) - 13,971
Stock Option (Right to buy)
Exercise: $24.11From: 2013-02-03Exp: 2022-02-03→ Common Stock (13,971 underlying)
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.
Documents
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