4//SEC Filing
Tolmachev Oleg E 4
Accession 0001209191-20-034197
CIK 0001600470other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 6:20 PM ET
Size
18.3 KB
Accession
0001209191-20-034197
Insider Transaction Report
Form 4
Tolmachev Oleg E
EVP & COO
Transactions
- Tax Payment
Common Stock
2020-06-01$6.12/sh−7,491$45,845→ 144,737 total - Exercise/Conversion
Performance Units
2020-06-01−9,951→ 2,807 total→ Common Stock (9,951 underlying) - Disposition to Issuer
Performance Units
2020-06-01−2,807→ 0 total→ Common Stock (2,807 underlying) - Exercise/Conversion
Performance Units
2020-06-01−14,840→ 24,160 total→ Common Stock (14,840 underlying) - Exercise/Conversion
Common Stock
2020-06-01+24,791→ 152,228 total - Disposition to Issuer
Performance Units
2020-06-01−24,160→ 0 total→ Common Stock (24,160 underlying) - Tax Payment
Common Stock
2020-06-01$6.12/sh−10,531$64,450→ 134,206 total
Footnotes (5)
- [F1]On February 23, 2018, the Reporting Person was granted 12,758 performance units (as adjusted to reflect the 15-to-1 reverse stock split of the Issuer's common stock on February 28, 2019) pursuant to the Issuer's 2014 Long-Term Incentive Plan, with each performance unit representing the right to receive one share of the Issuer's common stock. On June 1, 2020, 9,951 of the performance units vested and the remaining 2,807 performance units were forfeited.
- [F2]On June 18, 2019, the Reporting Person was granted 39,000 performance units pursuant to the Issuer's 2019 Long-Term Incentive Plan, with each performance unit representing the right to receive one share of the Issuer's common stock. On June 1, 2020, 14,840 of the performance units vested and the remaining 24,160 performance units were forfeited.
- [F3]Represents shares withheld to satisfy tax withholding obligations upon vesting of performance units.
- [F4]Represents the closing price per share of the Issuer's common stock on May 29, 2020, which was the last trading day immediately preceding the June 1, 2020 vesting date.
- [F5]Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units that were granted to the Reporting Person on February 23, 2018 under the Issuer's 2014 Long-Term Incentive Plan and upon vesting of restricted stock units that were granted to the Reporting Person on June 18, 2019 under the Issuer's 2019 Long-Term Incentive Plan. The restricted stock units vested on June 1, 2020 in accordance with the terms and conditions of the underlying restricted stock unit award agreements.
Documents
Issuer
Montage Resources Corp
CIK 0001600470
Entity typeother
Related Parties
1- filerCIK 0001694274
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 6:20 PM ET
- Size
- 18.3 KB