Wren Jessica R 4
4 · Laredo Petroleum, Inc. · Filed Sep 8, 2021
Insider Transaction Report
Form 4
Wren Jessica R
Int. Principal Acctg Officer
Transactions
- Award
Common Stock
2021-09-01+1,345→ 2,708 total
Holdings
- 126
Stock Option (Right to buy)
Exercise: $346.80From: 2014-02-15Exp: 2023-02-15→ Common Stock (126 underlying) - 386
Performance Units
From: 2022-02-28→ Common Stock (386 underlying)
Footnotes (3)
- [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, 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 earned can range from 0% to 200% of the performance share units.
- [F3]This stock option is 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.