4//SEC Filing
Curth Patrick J 4
Accession 0001528129-18-000050
CIK 0001528129other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:46 PM ET
Size
20.2 KB
Accession
0001528129-18-000050
Insider Transaction Report
Form 4
Curth Patrick J
Sr. V.P. Exploration and Land
Transactions
- Tax Payment
Common Stock
2018-02-27$8.91/sh−3,030$26,997→ 223,564 total - Exercise/Conversion
Common Stock
2018-02-27$8.91/sh+0$0→ 223,564 total - Exercise/Conversion
Performance Units
2018-02-27+0→ 0 totalFrom: 2018-02-27→ Common Stock (0 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) - 31,571
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (31,571 underlying) - 41,744
Performance Units
From: 2020-02-17→ Common Stock (41,744 underlying) - 63,130
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (63,130 underlying) - 22,787
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (22,787 underlying) - 21,131
Stock Option (Right to buy)
Exercise: $24.11From: 2013-02-03Exp: 2022-02-03→ Common Stock (21,131 underlying)
Footnotes (5)
- [F1]Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person 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 43,472 performance units were issued, resulting in the issuance of 0 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.
Documents
Issuer
Laredo Petroleum, Inc.
CIK 0001528129
Entity typeother
Related Parties
1- filerCIK 0001536684
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:46 PM ET
- Size
- 20.2 KB