4//SEC Filing
Buterbaugh Richard C 4
Accession 0001528129-18-000046
CIK 0001528129other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:43 PM ET
Size
20.8 KB
Accession
0001528129-18-000046
Insider Transaction Report
Form 4
Buterbaugh Richard C
Sr. V.P. of Investor Relations
Transactions
- Tax Payment
Common Stock
2018-02-27$8.91/sh−4,943$44,042→ 438,642 total - Exercise/Conversion
Common Stock
2018-02-27$8.91/sh+0$0→ 438,642 total - Exercise/Conversion
Performance Units
2018-02-27+0→ 0 totalFrom: 2018-02-27→ Common Stock (0 underlying)
Holdings
- 157,005
Performance Units
From: 2021-02-16→ Common Stock (157,005 underlying) - 52,754
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (52,754 underlying) - 69,751
Performance Units
From: 2020-02-17→ Common Stock (69,751 underlying) - 137,335
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (137,335 underlying) - 172,190
Performance Units
From: 2019-02-19→ Common Stock (172,190 underlying) - 74,358
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (74,358 underlying) - 42,532
Stock Option (Right to buy)
Exercise: $25.60From: 2015-02-27Exp: 2024-02-27→ Common Stock (42,532 underlying) - 42,961
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (42,961 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, 2015. Each performance unit represented a share of common stock. The performance units vested on February 27, 2018, 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, 2017. Based on the actual performance criteria, 0% of the 70,927 performance units were issued, resulting in the issuance of 0 shares of common stock.
- [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 (i) against an industry peer group, (ii) on an absolute share return basis and (iii) based on a return on average capital employed metric, over a three year performance period ending December 31, 2020. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
- [F4]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.
- [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, 2019. 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, 2018. 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 typeother
Related Parties
1- filerCIK 0001333452
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:43 PM ET
- Size
- 20.8 KB