Filing Details

Accession Number:
0000899243-19-018679
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-01 18:01:47
Reporting Period:
2019-06-28
Accepted Time:
2019-07-01 18:01:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1022646 Ultra Petroleum Corp UPL Crude Petroleum & Natural Gas (1311) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1543432 Kent A Rogers 116 Inverness Drive East #400
Englewood CO 80112
V.p., Drilling & Completions 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 Explanation
Common Stock Acquisiton 2019-06-28 2,000 $0.19 103,097 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 706,110 706,110 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
706,110 706,110 Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one common share of the Company.
  2. 109,082 of the restricted stock units are time-based and will vest, if at all, in two equal annual installments beginning on May 25, 2020. 89,928 of the restricted stock units are time-based and will vest, if at all, in three equal annual installments beginning on March 1, 2020. 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.
  3. (Continued from Footnote 2) 507,100 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.