TURNHAM ROBERT C JR 4
4 · GOODRICH PETROLEUM CORP · Filed Dec 16, 2020
Insider Transaction Report
Form 4
TURNHAM ROBERT C JR
DirectorPresident & COO
Transactions
- Exercise/Conversion
Common Stock
2020-12-14+34,121→ 540,917 total - Tax Payment
Common Stock
2020-12-14$10.62/sh−100,700$1,069,434→ 682,701 total - Tax Payment
Common Stock
2020-12-14$10.62/sh−13,426$142,584→ 527,491 total - Exercise/Conversion
Common Stock
2020-12-14+255,910→ 783,401 total - Exercise/Conversion
Phantom Stock
2020-12-14−34,121→ 0 totalFrom: 2020-12-14Exp: 2020-12-14→ Common Stock (34,121 underlying) - Exercise/Conversion
Phantom Stock (Performance Units)
2020-12-14−102,364→ 0 totalFrom: 2020-12-14Exp: 2020-12-14→ Common Stock (102,364 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 16, 2019 the reporting person settled one-third of the shares of phantom stock that were granted to him on December 14, 2017.
- [F2]Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 14, 2020 the reporting person settled 100% of the performance shares that were granted to him on December 14, 2017. Based upon the Company's total stockholder return (TSR) relative to the Russell 2000 Energy Index at the end of the three-year performance period (December 14, 2017 through December 14, 2020), the reporting person earned 250% of the target payment, or 255,910 shares of the Company's common stock.