4//SEC Filing
Beyer Michael T 4
Accession 0001528129-20-000058
CIK 0001528129other
Filed
Mar 8, 8:00 PM ET
Accepted
Mar 9, 5:05 PM ET
Size
17.9 KB
Accession
0001528129-20-000058
Insider Transaction Report
Form 4
Beyer Michael T
VP - Controller & CAO
Transactions
- Award
Performance Units
2020-03-05+474,684→ 474,684 totalFrom: 2023-03-05→ Common Stock (474,684 underlying) - Award
Common Stock
2020-03-05+474,684→ 627,886 total
Holdings
- 2,617
Stock Option (Right to buy)
Exercise: $24.11From: 2013-02-03Exp: 2022-02-03→ Common Stock (2,617 underlying) - 13,077
Stock Option (Right to buy)
Exercise: $17.34From: 2014-02-15Exp: 2023-02-15→ Common Stock (13,077 underlying) - 39,133
Stock Option (Right to buy)
Exercise: $4.10From: 2017-02-19Exp: 2026-02-19→ Common Stock (39,133 underlying) - 78,630
Performance Units
From: 2022-02-28→ Common Stock (78,630 underlying) - 21,188
Stock Option (Right to buy)
Exercise: $11.93From: 2016-02-27Exp: 2025-02-27→ Common Stock (21,188 underlying) - 15,019
Stock Option (Right to buy)
Exercise: $14.12From: 2018-02-17Exp: 2027-02-17→ Common Stock (15,019 underlying) - 34,662
Performance Units
From: 2021-02-16→ Common Stock (34,662 underlying)
Footnotes (5)
- [F1]These restricted shares are granted under the Issuer's Omnibus Equity Incentive Plan and will vest in three equal annual installments beginning on the first anniversary date of the grant.
- [F2]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 (i) the Issuer's total shareholder return measured 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.
- [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, cash, or a combination of common stock and cash, to be determined in the discretion of the Issuer's Compensation Committee, based upon (i) the Issuer's total shareholder return measured 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, 2021. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
- [F4]These performance units are granted under the Issuer's Omnibus Equity Incentive Plan. The performance units will be payable, if at all, in cash based upon (i) the Issuer's total shareholder return measured 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, 2022. The final amount of cash earned is dependent on the performance of the stock price and the factors identified herein with the performance unit multiple having a range of 0% to 200%.
- [F5]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.
Documents
Issuer
Laredo Petroleum, Inc.
CIK 0001528129
Entity typeother
Related Parties
1- filerCIK 0001605683
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 8:00 PM ET
- Accepted
- Mar 9, 5:05 PM ET
- Size
- 17.9 KB