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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1040593	Carrizo Oil & Gas Inc	CRZO	Crude Petroleum & Natural Gas (1311)	760415919

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1233101	Bradley John Fisher	500 Dallas Street Suite 2300 Houston TX 77002	Vp & Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2014-01-16	10,000	$46.00	57,529	No	4	S	Direct
Common Stock	Acquisiton	2014-01-16	11,923	$20.22	69,452	No	4	M	Direct
Common Stock	Disposition	2014-01-16	11,923	$45.02	57,529	No	4	D	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	M	Direct
No	4	D	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Appreciation Rights	Disposition	2014-01-16	11,923	$0.00	11,923	$20.22

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,924		2016-06-03	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on October 15, 2013.
The presentation requirements of Form 4 present the exercise of cash-only stock appreciation rights as an acquisition and disposition of common stock. Contrary to this presentation, the compensation committee of the issuer has determined that these derivative instruments could only be, and accordingly were, settled solely in cash. No actual shares of common stock were issued to or sold by the reporting person.
These stock appreciation rights are settled solely in cash.
The stock appreciation rights vested in three equal installments on May 28, 2010, May 28, 2011 and May 28, 2012, respectively.