SEC Form 4 · accession 0001040593-15-000068
CARRIZO OIL & GAS INC · CRZO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory F Conaway
Officer — VP & Chief Accounting Officer
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 5:44 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 29, 2015 | M | 1,228 | $0.00 | A | 4,558 | D | |
| Common Stock | May 29, 2015 | M | 1,531 | $0.00 | A | 6,089 | D | |
| Common StockF3 | Jun 1, 2015 | S | 1,159 | $49.8632 | D | 4,930 | 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 UnitsF4 | $0.00 | May 29, 2015 | M | 1,228 | D | — | — | Common Stock | 1,228 | 0 | D |
| Restricted Stock UnitsF5 | $0.00 | May 29, 2015 | M | 1,531 | D | — | — | Common Stock | 1,531 | 1,532 | D |
Explanation of responses
- F1These transactions were effected in accordance with Rule 10b5-1.
- F2The sales reported in this Form 4 were effected to satisfy the reporting person's federal income tax obligations with respect to the vesting of equity awards.
- F3The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. These shares were sold in multiple transactions at prices ranging from $49.71 to $50.22, inclusive.
- F4Each restricted stock unit was automatically converted into one share of common stock. These restricted stock units vested in three equal installments on May 29, 2013, May 29, 2014, and May 29, 2015.
- F5Each restricted stock unit represents a contingent right to receive one share of common stock. These restricted stock units vested, or will vest, in three equal installments on May 29, 2014, May 29, 2015 and May 29, 2016.