Killelea Michael J 4
4 · GOODRICH PETROLEUM CORP · Filed Dec 16, 2020
Insider Transaction Report
Form 4
Killelea Michael J
SVP, Gen. Counsel, Corp. Sec'y
Transactions
- Tax Payment
Common Stock
2020-12-14$10.62/sh−3,557$37,775→ 148,669 total - Tax Payment
Common Stock
2020-12-14$10.62/sh−29,707$315,488→ 194,459 total - Exercise/Conversion
Phantom Stock
2020-12-14−10,066→ 0 totalFrom: 2020-12-14Exp: 2020-12-14→ Common Stock (10,066 underlying) - Exercise/Conversion
Phantom Stock (Performance Units)
2020-12-14−30,199→ 0 totalFrom: 2020-12-14Exp: 2020-12-14→ Common Stock (30,199 underlying) - Exercise/Conversion
Common Stock
2020-12-14+10,066→ 152,226 total - Exercise/Conversion
Common Stock
2020-12-14+75,497→ 224,166 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 75,497 shares of the Company's common stock.