SEC Form 4 · accession 0001040593-15-000058
CARRIZO OIL & GAS INC · CRZO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Webster
Director
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 5:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040593
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 19, 2015 | M | 6,108 | $0.00 | A | 2,541,932 | 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 | $0.00 | May 19, 2015 | M | 6,108 | D | — | — | Common Stock | 6,108 | 0 | D |
| Restricted Stock UnitsF2 | $0.00 | May 19, 2015 | A | 6,400 | A | — | — | Common Stock | 6,400 | 6,400 | D |
Explanation of responses
- F1Each restricted stock unit vested on May 19, 2015 and was automatically converted into one share of common stock.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock or cash equal to the fair market value per share. These restricted stock units vest on the earlier to occur of (i) the date of the Company's Annual Meeting of Shareholders in 2016 and (ii) June 30, 2016.