0001022646-20-000022.txt : 20200902 0001022646-20-000022.hdr.sgml : 20200902 20200902182113 ACCESSION NUMBER: 0001022646-20-000022 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200831 FILED AS OF DATE: 20200902 DATE AS OF CHANGE: 20200902 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stratton J. Jay Jr. CENTRAL INDEX KEY: 0001714805 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33614 FILM NUMBER: 201157897 MAIL ADDRESS: STREET 1: C/O ULTRA PETROLEUM CORP. STREET 2: 116 EAST INVERNESS DRIVE, SUITE 400 CITY: ENGLEWOOD STATE: CO ZIP: 80112 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ULTRA PETROLEUM CORP CENTRAL INDEX KEY: 0001022646 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: B0 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 116 EAST INVERNESS DRIVE STREET 2: SUITE 400 CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 303-708-9740 MAIL ADDRESS: STREET 1: 116 EAST INVERNESS DRIVE STREET 2: SUITE 400 CITY: ENGLEWOOD STATE: CO ZIP: 80112 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-08-31 0 0001022646 ULTRA PETROLEUM CORP UPLCQ 0001714805 Stratton J. Jay Jr. C/O ULTRA PETROLEUM CORP. 116 EAST INVERNESS DRIVE, SUITE 400 ENGLEWOOD CO 80112 0 1 0 0 Sr VP, Chief Operating Officer Common Stock 2020-08-31 4 S 0 346534 0.0065 D 0 D Restricted Stock Units Common Stock 956848 956848 D The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0064 to $0.0074, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range stated. Each restricted stock unit represents a contingent right to receive one common share of the Company. 68,176 of such remaining restricted stock units are time-based and will vest, if at all, in one remaining installment on May 25, 2021. 119,904 of the restricted stock units set forth in box 9 of this Form 4 are time-based and will vest, if at all, in two equal annual installments beginning March 1, 2021. The time-based awards will terminate, and the applicable restricted stock units will not vest, if the Reporting Person is not employed by the Company on the date any portion of the award is scheduled to vest. (Continued from Footnote 3) 768,768 of the restricted stock units are subject to both performance-based and time-based vesting terms. The performance-based vesting conditions are assessed based on the volume-weighted average price of the Company's common shares as measured over 60 consecutive trading days relative to pre-established price goals. Once a performance-based vesting condition is achieved, the restricted stock units that have become performance vested will time-vest over the two or three-year period following the date on which they became performance vested. /s/ Jay J. Stratton, Jr. 2020-09-02