SEC Form 4 · accession 0000899243-19-007365
ULTRA PETROLEUM CORP · UPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen James McDaniel
Director
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 8:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022646
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 34,881 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 8, 2019 | A | 201,439 | A | — | — | Common Stock | 201,439 | 409,772 | D |
Explanation of responses
- F1As compensation for service on the board of directors of the Company as an independent, outside director, the Reporting Person received an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Company.
- F2The restricted stock units are time-based and will vest, if at all, on March 1, 2020. The award will terminate and the applicable restricted stock units will not vest if the Reporting Person is not a director of the Company on the date the award is scheduled to vest.