4//SEC Filing
Dornblaser Kenneth E 4
Accession 0001528129-18-000054
CIK 0001528129other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:50 PM ET
Size
22.0 KB
Accession
0001528129-18-000054
Insider Transaction Report
Form 4
Dornblaser Kenneth E
Sr. V.P. and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2018-02-27$8.91/sh+0$0→ 237,009 total - Tax Payment
Common Stock
2018-02-27$8.91/sh−2,791$24,868→ 237,009 total - Exercise/Conversion
Performance Units
2018-02-27+0→ 0 totalFrom: 2018-02-27→ Common Stock (0 underlying)
Holdings
- 67,935
Performance Units
From: 2021-02-16→ Common Stock (67,935 underlying) - 38,968
Performance Units
From: 2020-02-17→ Common Stock (38,968 underlying) - 29,472
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (29,472 underlying) - 77,528
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (77,528 underlying) - 97,204
Performance Units
From: 2019-02-19→ Common Stock (97,204 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) - 26,348
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (26,348 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, 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 40,040 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 0001536524
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:50 PM ET
- Size
- 22.0 KB