Exterran Corp 4
4 · Exterran Corp · Filed Mar 8, 2016
Insider Transaction Report
Form 4
Exterran CorpEXTN
BIRO JON C
DirectorSVP & CFO
Transactions
- Tax Payment
Common Stock
2016-03-04$15.46/sh−2,399$37,089→ 80,558 total - Award
Common Stock
2016-03-04+25,874→ 82,957 total
Footnotes (2)
- [F1]The award represents a grant of restricted stock under the 2015 Exterran Corporation Stock Incentive Plan that vests over a three-year period of employment at the rate of one-third per year beginning on the first anniversary of the date of grant, subject to accelerated vesting or forfeiture under certain condition as set out in a Change of Control Agreement, Severance Benefit Agreement and Award Notice entered into by the issuer and the reporting person.
- [F2]Issuer withheld the maximum allowable shares to satisfy the tax withholding oblgations associated with the vesting of restricted shares.