OEHLERT MICHAEL A 4
4 · Hi-Crush Inc. · Filed Jul 6, 2020
Insider Transaction Report
Form 4
OEHLERT MICHAEL A
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2020-07-02$0.16/sh−1,548$247→ 81,892 total - Exercise/Conversion
Common Stock
2020-07-02+6,356→ 83,440 total - Exercise/Conversion
Restricted Stock Units
2020-07-02−6,356→ 40,407 total→ Common Stock (6,356 underlying)
Footnotes (3)
- [F1]The reporting person is a participant in Hi-Crush Inc.'s Long Term Incentive Plan (the "Plan") and received 12,712 time-based phantom units on July 2, 2018, under the Plan, which were subsequently converted to restricted stock units ("RSUs") on May 31, 2019. Fifty percent of such RSUs vested on July 2, 2020. Each RSU represents the right to receive, upon vesting, one share of common stock, along with tandem distribution equivalent rights.
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]Includes all RSUs beneficially owned by the reporting person following this reported transaction, including previously reported RSUs with varying vesting terms.