Brotman Jeffrey F 4
4 · Falcon Minerals Corp · Filed Jun 20, 2019
Insider Transaction Report
Form 4
Brotman Jeffrey F
CFO, Chief Legal Officer & Sec
Transactions
- Other
Class A Common Stock
2019-06-18−25,125→ 367,822 total - Other
Performance Stock Unit
2019-06-18−150,000→ 50,000 totalExp: 2025-08-23→ Class A common stock (150,000 underlying)
Footnotes (3)
- [F1]The Reporting Person has agreed to forfeit 25,125 unvested restricted stock units.
- [F2]The Reporting Person was previously granted performance and time vesting stock units pursuant to the Issuer's 2018 Long-Term Incentive Plan ("LTIP"). The award time-vests in full on August 23, 2021 and performance-vests upon the Issuer's stock achieving certain market price points. Upon vesting, the Reporting Person shall receive a corresponding number of shares of Class A common stock or, in the sole discretion of the Issuer's Compensation Committee, an amount in cash equal to the fair market value of the shares of Class A common stock otherwise deliverable.
- [F3]The Reporting Person has agreed to forfeit 150,000 unvested performance stock units previously granted under the LTIP.