4//SEC Filing
Beyer Michael T 4
Accession 0001528129-19-000019
CIK 0001528129other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 6:10 PM ET
Size
20.5 KB
Accession
0001528129-19-000019
Insider Transaction Report
Form 4
Beyer Michael T
VP - Controller & CAO
Transactions
- Tax Payment
Common Stock
2019-02-15$3.86/sh−9,119$35,199→ 95,168 total - Tax Payment
Common Stock
2019-02-19$3.76/sh−2,394$9,001→ 92,774 total - Exercise/Conversion
Common Stock
2019-02-19+0→ 92,774 total - Exercise/Conversion
Performance Units
2019-02-19+0→ 0 totalFrom: 2019-02-19→ Common Stock (0 underlying)
Holdings
- 2,617
Stock Option (Right to buy)
Exercise: $24.11From: 2013-02-03Exp: 2022-02-03→ Common Stock (2,617 underlying) - 34,662
Performance Units
From: 2021-02-16→ Common Stock (34,662 underlying) - 19,858
Performance Units
From: 2020-02-17→ Common Stock (19,858 underlying) - 39,133
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (39,133 underlying) - 15,019
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (15,019 underlying) - 13,077
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (13,077 underlying) - 21,188
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (21,188 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 share units were granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 4 filed by the Issuer on May 27, 2016. Each performance unit represented a share of common stock. The performance units vested on February 19, 2019, 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, 2018. Based on the actual market criteria, 0% of the 49,065 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.
Documents
Issuer
Laredo Petroleum, Inc.
CIK 0001528129
Entity typeother
Related Parties
1- filerCIK 0001605683
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 6:10 PM ET
- Size
- 20.5 KB