4//SEC Filing
PIGOTT M. JASON 4
Accession 0001528129-25-000050
CIK 0001528129other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:35 PM ET
Size
9.3 KB
Accession
0001528129-25-000050
Insider Transaction Report
Form 4
PIGOTT M. JASON
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Performance Units
2025-02-21−28,810→ 0 totalFrom: 2025-02-22→ Common Stock (28,810 underlying) - Tax Payment
Common Stock
2025-02-21$28.76/sh−14,740$423,922→ 246,033 total - Exercise/Conversion
Common Stock
2025-02-21$28.76/sh+23,624$679,426→ 260,773 total
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 February 24, 2022. The performance units became payable 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, (iii) earnings before interest, taxes, depreciation, amortization and exploration expense divided by three-year total debt reduction, (iv) growth in inventory and (v) emissions reduction over a three-year performance period ending December 31, 2024. Based on the actual performance criteria satisfied, the performance unit multiplier was 82%.
- [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 and performance share units 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 0001585031
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:35 PM ET
- Size
- 9.3 KB