4//SEC Filing
Lemmerman Bryan 4
Accession 0001528129-24-000081
CIK 0001528129other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 5:05 PM ET
Size
10.6 KB
Accession
0001528129-24-000081
Insider Transaction Report
Form 4
Lemmerman Bryan
EVP & CFO
Transactions
- Disposition to Issuer
Common Stock
2024-03-08$50.38/sh−31,719$1,598,003→ 90,778 total - Exercise/Conversion
Common Stock
2024-03-08+31,719→ 122,497 total - Tax Payment
Common Stock
2024-03-08$50.38/sh−3,262$164,340→ 87,516 total - Exercise/Conversion
Performance Units
2024-03-08−21,751→ 0 totalFrom: 2024-03-09→ Common Stock (21,751 underlying)
Footnotes (2)
- [F1]These performance units are granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a From 4 filed by the Issuer on March 9, 2021. The performance units became payable in cash based upon (i) the Issuer's total shareholder return measured against an industry peer group, (ii) on an absolute share return basis, (iii) earnings before interest, taxes, depreciation, amortization and exploration expense divided by three-year total debt reduction and (iv) growth in inventory, over a three-year performance period ending December 31, 2023. Based on the actual performance criteria satisfied, the performance unit multiplier was 145.83%.
- [F2]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.
Documents
Issuer
Vital Energy, Inc.
CIK 0001528129
Entity typeother
Related Parties
1- filerCIK 0001700959
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 5:05 PM ET
- Size
- 10.6 KB