GOODRICH WALTER G 4

4 · GOODRICH PETROLEUM CORP · Filed Dec 16, 2020

Form 4

Period: 2020-12-14

DirectorVice Chairman & CEO

Transactions

Exercise/Conversion
Phantom Stock
2020-12-14−34,121→ 0 total
From: 2020-12-14Exp: 2020-12-14→ Common Stock (34,121 underlying)
Exercise/Conversion
Phantom Stock (Performance Units)
2020-12-14−102,364→ 0 total
From: 2020-12-14Exp: 2020-12-14→ Common Stock (102,364 underlying)
Exercise/Conversion
Common Stock
2020-12-14+34,121→ 552,647 total
Tax Payment
Common Stock
2020-12-14$10.62/sh−13,426$142,584→ 539,221 total
Exercise/Conversion
Common Stock
2020-12-14+255,910→ 795,131 total
Tax Payment
Common Stock
2020-12-14$10.62/sh−100,700$1,069,434→ 694,431 total

Footnotes (2)

[F1]Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 14, 2020 the reporting person settled one-third of the shares of phantom stock that were granted to him on December 14, 2017.
[F2]Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 14, 2020 the reporting person settled 100% of the performance shares that were granted to him on December 14, 2017. Based upon the Company's total stockholder return (TSR) relative to the Russell 2000 Energy Index at the end of the three-year performance period (December 14, 2017 through December 14, 2020), the reporting person earned 250% of the target payment, or 255,910 shares of the Company's common stock.

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