4//SEC Filing
Cobalt International Energy, Inc. 4
Accession 0000950103-16-010317
CIK 0001471261operating
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 7:29 PM ET
Size
8.5 KB
Accession
0000950103-16-010317
Insider Transaction Report
Form 4
Painter James H.
Exec. V.P., Gulf of Mexico
Transactions
- Award
Common Stock
2016-01-15+285,714→ 1,325,593 total - Award
Stock Option
2016-01-15+564,972→ 564,972 totalExercise: $3.50From: 2017-01-15Exp: 2026-01-15→ Common Stock (564,972 underlying)
Footnotes (2)
- [F1]285,714 shares of Common Stock represent restricted shares granted under the Issuer's 2015 Long Term Incentive Plan (the "2015 Plan") pursuant to the terms of the reporting person's employment agreement dated November 3, 2014. Subject to the terms of the award agreement under the 2015 Plan, 100% of the restricted shares will vest on or before January 15, 2026 when and only if the closing price of a share of the Issuer's Common Stock exceeds $23.06 for a period of at least 20 out of 30 continuous days on which the shares are quoted or traded at any time between the grant date and January 15, 2026, subject to the reporting person's continued employment through the first anniversary of the grant date and subject to the terms of the award agreement under the 2015 Plan.
- [F2]564,972 shares of Common Stock represent shares underlying stock options granted under the 2015 Plan pursuant to the terms of the reporting person's employment agreement dated November 3, 2014. Subject to the terms of the award agreement under the 2015 Plan, 100% of the shares underlying stock options will vest on or before January 15, 2026 when and only if the closing price of a share of the Issuer's Common Stock exceeds $23.06 for a period of at least 20 out of 30 continuous days on which the shares are quoted or traded at any time between the grant date and January 15, 2026, subject to the reporting person's continued employment through the first anniversary of the grant date and subject to the terms of the award agreement under the 2015 Plan.
Documents
Issuer
Cobalt International Energy, Inc.
CIK 0001471261
Entity typeoperating
Related Parties
1- filerCIK 0001471261
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 7:29 PM ET
- Size
- 8.5 KB