Reed Stephanie L 4
4 · Parsley Energy, Inc. · Filed Feb 12, 2020
Insider Transaction Report
Form 4
Reed Stephanie L
See Remarks
Transactions
- Award
Class A common stock
2020-02-10+21,043→ 121,157 total - Award
Class A common stock
2020-02-10+10,984→ 132,141 total - Tax Payment
Class A common stock
2020-02-10$17.02/sh−2,968$50,515→ 129,173 total
Footnotes (3)
- [F1]Represents a time-based restricted stock unit award pursuant to the Parsley Energy, Inc. 2014 Long Term Incentive Plan. The award will vest in full on the third anniversary of the grant date.
- [F2]Represents shares of Class A common stock earned pursuant to a performance-based restricted stock award granted on February 16, 2017, based upon attainment of the applicable performance conditions and adjustment of the target number of shares, as certified by the Compensation Committee of the Issuer on February 10, 2020.
- [F3]The Issuer withheld shares of Class A common stock that would have otherwise been issuable to the reporting person to satisfy the Issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock granted on February 16, 2017. The number of shares of Class A common stock withheld was determined based on the closing price of the Class A common stock on February 7, 2020.