4//SEC Filing
Laredo Petroleum, Inc. 4
Accession 0001528129-17-000059
$VTLECIK 0001528129operating
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:12 PM ET
Size
20.7 KB
Accession
0001528129-17-000059
Insider Transaction Report
Form 4
Buterbaugh Richard C
Sr. V.P. of Investor Relations
Transactions
- Exercise/Conversion
Performance Units
2017-02-27−34,374→ 0 totalFrom: 2016-12-31→ Common Stock (34,374 underlying) - Exercise/Conversion
Common Stock
2017-02-27+25,781→ 258,856 total - Tax Payment
Common Stock
2017-02-27−12,261→ 233,075 total
Holdings
- 74,358
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (74,358 underlying) - 42,961
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (42,961 underlying) - 52,754
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (52,754 underlying) - 137,335
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (137,335 underlying) - 42,532
Stock Option (Right to buy)
Exercise: $25.60From: 2015-02-27Exp: 2024-02-27→ Common Stock (42,532 underlying) - 69,751
Performance Units
From: 2020-02-17→ Common Stock (69,751 underlying) - 172,190
Performance Units
From: 2019-02-19→ Common Stock (172,190 underlying) - 70,927
Performance Units
From: 2018-02-27→ Common Stock (70,927 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 25,781 shares of common stock.
- [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.
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, 5:12 PM ET
- Size
- 20.7 KB