Foutch Randy A 4

Accession 0001528129-19-000141

CIK 0001528129other

View on SEC.gov Company Profile

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 8:45 AM ET

Size

27.9 KB

Accession

0001528129-19-000141

Insider Transaction Report

Form 4

Period: 2019-10-01

Laredo Petroleum, Inc.LPI

Foutch Randy A

DirectorChairman and CEO

Transactions

Other
Common Stock
2019-10-01−608,730→ 907,102 total
Other
Performance Units
2019-10-01−348,493→ 0 total
From: 2022-02-28→ Common Stock (348,493 underlying)
Other
Performance Units
2019-10-01−348,213→ 0 total
From: 2021-02-16→ Common Stock (348,213 underlying)
Other
Performance Units
2019-10-01−158,434→ 0 total
From: 2020-02-17→ Common Stock (158,434 underlying)

Holdings

Common Stock
(indirect: By LLC)
451,340
Common Stock
(indirect: By Trust)
90,037
Common Stock
(indirect: By Daughter)
500
Common Stock
(indirect: By Trust)
90,037
Common Stock
(indirect: By Trust)
46,838
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2019-12-30→ Common Stock (167,904 underlying)
167,904
Stock Option (Right to buy)
Exercise: $25.60From: 2015-02-27Exp: 2019-12-30→ Common Stock (96,040 underlying)
96,040
Common Stock
(indirect: By Trust)
90,037
Stock Option (Right to buy)
Exercise: $14.12Exp: 2019-10-01→ Common Stock (59,913 underlying)
0
Stock Option (Right to buy)
Exercise: $4.10Exp: 2019-10-01→ Common Stock (77,528 underlying)
0
Common Stock
(indirect: By Trust)
90,037
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2019-12-30→ Common Stock (232,583 underlying)
232,583
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2019-12-30→ Common Stock (128,709 underlying)
128,709
Stock Option (Right to buy)
Exercise: $24.11From: 2013-02-03Exp: 2019-12-30→ Common Stock (62,868 underlying)
62,868
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2019-12-30→ Common Stock (59,913 underlying)
59,913

Footnotes (5)

[F1]These restricted shares are forfeited under the Issuer's Omnibus Equity Incentive Plan upon Mr. Foutch's transition from Chief Executive Officer. Mr. Foutch will remain as a Non-Executive Chairman of the Laredo Petroleum, Inc. Board of Directors until the annual meeting of stockholders in May of 2020.
[F2]By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Foutch may be deemed to be a beneficial owner of the 406,986 shares of common stock of the Issuer held by the Foutch Family Trusts and the Jeanine Marie Foutch Revocable Trust, the 500 shares of common stock of the Issuer held by his daughter and the 451,340 shares of common stock held by Lariat Ranch LLC. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, Mr. Foutch herein states that this Form 4 shall not be deemed an admission that he is the beneficial owner of such shares of common stock. Mr. Foutch disclaims beneficial ownership of the common stock of the Issuer, except to the extent that he has a pecuniary interest in such shares of common stock.
[F3]These performance share units are forfeited under the Issuer's Omnibus Equity Incentive Plan upon Mr. Foutch's transition from Chief Executive Officer.
[F4]This stock option was granted under the Issuer's Omnibus Equity Incentive Plan and represents the vested tranches of the grant. Pursuant to the Issuer's Omnibus Equity Incentive Plan, upon Mr. Foutch's transition from Chief Executive Officer, the expiration date for this stock option changed to December 30, 2019.
[F5]This stock option was granted under the Issuer's Omnibus Equity Incentive Plan and represents the unvested tranches of the grant. The unvested portion of the stock option is forfeited under the Issuer's Omnibus Equity Incentive Plan upon Mr. Foutch's transition from Chief Executive Officer.

Documents

1 file

4
wf-form4_157002033493093.xmlPrimary
FORM 4

Issuer

Laredo Petroleum, Inc.

CIK 0001528129

→

Entity typeother

Related Parties

filerCIK 0001368852

Filing Metadata

Form type: 4
Filed: Oct 1, 8:00 PM ET
Accepted: Oct 2, 8:45 AM ET
Size: 27.9 KB

View on SEC.gov