4//SEC Filing
FERCHAU MARK E 4
Accession 0001567619-19-022888
CIK 0000943861other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 6:06 PM ET
Size
13.4 KB
Accession
0001567619-19-022888
Insider Transaction Report
Form 4
FERCHAU MARK E
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-12-09+28,658→ 186,727 total - Tax Payment
Common Stock
2019-12-09$9.73/sh−6,978$67,896→ 179,749 total - Exercise/Conversion
Phantom Stock
2019-12-09−28,658→ 0 totalFrom: 2019-12-09Exp: 2019-12-09→ Common Stock (28,658 underlying) - Award
Phantom Stock
2019-12-10+39,185→ 39,185 total→ Common Stock (39,185 underlying) - Award
Performance Share Unit
2019-12-10+39,185→ 39,185 total→ Common Stock (39,185 underlying)
Footnotes (4)
- [F1]Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 9, 2019 the reporting person settled one-third of the shares of phantom stock that were granted to him on December 8, 2016.
- [F2]The phantom stock vests in increments of one-third beginning December 10, 2020 for each of the next three years. Thus the reporting person will receive 13,062 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement dates, in the sole discretion of the issuer) on each of December 10, 2020 and 2021 and 13,061 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement dates, in the sole discretion of the issuer) on December 10, 2022, as long as the reporting person remains affiliated with the company.
- [F3]Each performance share unit represents a contingent right to receive one share of common stock. The number of performance share units that will vest on December 10, 2022 can range from 0% to 250% of the units granted based upon the issuer's absolute total shareholder return over a three year period.
- [F4]Each share is the economic equivalent of one share of GDP common stock.
Documents
Issuer
GOODRICH PETROLEUM CORP
CIK 0000943861
Entity typeother
Related Parties
1- filerCIK 0001257976
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 6:06 PM ET
- Size
- 13.4 KB