0001528129-18-000056.txt : 20180228 0001528129-18-000056.hdr.sgml : 20180228 20180228175214 ACCESSION NUMBER: 0001528129-18-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180227 FILED AS OF DATE: 20180228 DATE AS OF CHANGE: 20180228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schooley Daniel C CENTRAL INDEX KEY: 0001601084 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35380 FILM NUMBER: 18653219 MAIL ADDRESS: STREET 1: 15 WEST SIXTH STREET STREET 2: SUITE 1800 CITY: TULSA STATE: OK ZIP: 74119 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Laredo Petroleum, Inc. CENTRAL INDEX KEY: 0001528129 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 453007926 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 15 W. SIXTH STREET STREET 2: SUITE 900 CITY: TULSA STATE: OK ZIP: 74119 BUSINESS PHONE: 918-513-4570 MAIL ADDRESS: STREET 1: 15 W. SIXTH STREET STREET 2: SUITE 900 CITY: TULSA STATE: OK ZIP: 74119 FORMER COMPANY: FORMER CONFORMED NAME: Laredo Petroleum Holdings, Inc. DATE OF NAME CHANGE: 20110816 4 1 wf-form4_151985832005570.xml FORM 4 X0306 4 2018-02-27 0 0001528129 Laredo Petroleum, Inc. LPI 0001601084 Schooley Daniel C 15 W. SIXTH STREET SUITE 900 TULSA OK 74119 0 1 0 0 Senior V.P. Operations Common Stock 2018-02-27 4 F 0 2631 8.91 D 299630 D Common Stock 2018-02-27 4 M 0 0 8.91 A 299630 D Performance Units 2021-02-16 Common Stock 130616.0 130616 D Stock Option (Right to buy) 14.12 2018-02-17 2027-02-17 Common Stock 32298.0 32298 D Performance Units 2020-02-17 Common Stock 42705.0 42705 D Stock Option (Right to buy) 4.1 2017-02-19 2026-02-19 Common Stock 73098.0 73098 D Performance Units 2019-02-19 Common Stock 91650.0 91650 D Stock Option (Right to buy) 11.93 2016-02-27 2025-02-27 Common Stock 39577.0 39577 D Performance Units 2018-02-27 4 M 0 0 0 A 2018-02-27 Common Stock 0.0 0 D Stock Option (Right to buy) 25.6 2015-02-27 2024-02-27 Common Stock 22638.0 22638 D Stock Option (Right to buy) 17.34 2014-02-15 2023-02-15 Common Stock 12050.0 12050 D Stock Option (Right to buy) 24.11 2013-02-03 2022-02-03 Common Stock 6975.0 6975 D Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of a portion of restricted shares previously granted to the Reporting Person under the Issuer's Omnibus Equity Incentive Plan. The performance units were granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 4 filed by the Issuer on March 3, 2015. Each performance unit represented a share of common stock. The performance units vested on February 27, 2018, and became payable in common stock based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2017. Based on the actual performance criteria, 0% of the 37,752 performance units were issued, resulting in the issuance of 0 shares of common stock. These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured (i) against an industry peer group, (ii) on an absolute share return basis and (iii) based on a return on average capital employed metric, over a three year performance period ending December 31, 2020. The final number of shares of common stock granted can range from 0% to 200% of the performance share units. This stock option was granted under the Issuer's Omnibus Equity Incentive Plan and is exercisable as to 25% on each of the first four anniversaries of the date of the grant. These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2019. The final number of shares of common stock granted can range from 0% to 200% of the performance share units. These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2018. The final number of shares of common stock granted can range from 0% to 200% of the performance share units. /s/ Kenneth E. Dornblaser, as attorney-in-fact for Daniel C. Schooley 2018-02-28