4//SEC Filing
Rogers A Kent 4
Accession 0000899243-19-018679
CIK 0001022646other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 6:01 PM ET
Size
7.2 KB
Accession
0000899243-19-018679
Insider Transaction Report
Form 4
Rogers A Kent
V.P., Drilling & Completions
Transactions
- Purchase
Common Stock
2019-06-28$0.19/sh+2,000$384→ 103,097 total
Holdings
- 706,110
Restricted Stock Units
→ Common Stock (706,110 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one common share of the Company.
- [F2]109,082 of the restricted stock units are time-based and will vest, if at all, in two equal annual installments beginning on May 25, 2020. 89,928 of the restricted stock units are time-based and will vest, if at all, in three equal annual installments beginning on March 1, 2020. The time-based awards will terminate and the applicable restricted stock units will not vest if the Reporting Person is not employed by the Company on the date any portion of the award is scheduled to vest.
- [F3](Continued from Footnote 2) 507,100 of the restricted stock units are subject to both performance-based and time-based vesting terms. The performance-based vesting conditions are assessed based on the volume-weighted average price of the Company's common shares as measured over 60 consecutive trading days relative to pre-established price goals. Once a performance-based vesting condition is achieved, the restricted stock units that have become performance vested will time-vest over the two or three-year period following the date on which they became performance vested.
Documents
Issuer
ULTRA PETROLEUM CORP
CIK 0001022646
Entity typeother
Related Parties
1- filerCIK 0001543432
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 6:01 PM ET
- Size
- 7.2 KB