Exterran Corp 4
4 · Exterran Corp · Filed Mar 7, 2017
Insider Transaction Report
Form 4
Exterran CorpEXTN
Way Andrew James
DirectorPresident & CEO
Transactions
- Award
Common Stock
2017-03-04+96,055→ 411,730 total - Tax Payment
Common Stock
2017-03-04$30.87/sh−14,908$460,210→ 315,675 total - Award
Common Stock
2017-03-04+53,450→ 465,180 total
Footnotes (3)
- [F1]Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the vesting of restricted shares.
- [F2]This award represents a grant of restricted stock under the 2015 Exterran Corporation Stock Incentive Plan that vests at the rate of one-half per year beginning on the second anniversary of the date of grant, subject to accelerated vesting or forfeiture under certain conditions as set out in a Change of Control Agreement, Severance Benefit Agreement and Award Notice entered into by the issuer and the reporting person.
- [F3]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.