0001528129-19-000017.txt : 20190220
0001528129-19-000017.hdr.sgml : 20190220
20190220180838
ACCESSION NUMBER: 0001528129-19-000017
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190215
FILED AS OF DATE: 20190220
DATE AS OF CHANGE: 20190220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chandler Tommye Karen
CENTRAL INDEX KEY: 0001757110
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35380
FILM NUMBER: 19619801
MAIL ADDRESS:
STREET 1: 15 WEST 6TH STREET
STREET 2: SUITE 900
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_155070410373947.xml
FORM 4
X0306
4
2019-02-15
0
0001528129
Laredo Petroleum, Inc.
LPI
0001757110
Chandler Tommye Karen
15 W 6TH STREET
SUITE 900
TULSA
OK
74119
0
1
0
0
Sr. V.P. & COO
Common Stock
2019-02-15
4
F
0
8150
3.86
D
78841
D
Common Stock
2019-02-19
4
F
0
2367
3.76
D
76474
D
Common Stock
2019-02-19
4
M
0
0
0
A
76474
D
Stock Option (Right to buy)
17.34
2014-02-15
2023-02-15
Common Stock
16430.0
16430
D
Stock Option (Right to buy)
14.12
2018-02-17
2027-02-17
Common Stock
15880.0
15880
D
Performance Units
2019-02-19
4
M
0
0
0
A
2019-02-19
Common Stock
0.0
0
D
Performance Units
2020-02-17
Common Stock
20996.0
20996
D
Performance Units
2021-02-16
Common Stock
38043.0
38043
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 share units were granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 3 filed by the Issuer on October 26, 2018. Each performance unit represented a share of common stock. The performance units vested on February 19, 2019, 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, 2018. Based on the actual market criteria, 0% of the 33,492 performance units were issued, resulting in the issuance of 0 shares of common stock.
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 (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.
/s/ Kenneth E. Dornblaser as attorney-in-fact for Tommye Karen Chandler
2019-02-20