SEC Form 4 · accession 0001040593-15-000109
CARRIZO OIL & GAS INC · CRZO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L. Pitts
Officer — VP & Chief Financial Officer
Period of report
Oct 28, 2015
Accepted (ET)
Oct 30, 2015 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040593
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF1 | $0.00 | Oct 28, 2015 | A | 4,635 | A | — | — | Common Stock | 4,635 | 4,635 | D |
| Restricted Stock UnitsF2 | $0.00 | Oct 28, 2015 | A | 16,999 | A | — | — | Common Stock | 16,999 | 16,999 | D |
Explanation of responses
- F1Each performance share unit represents a contingent right to receive one share of common stock. The number of performance share units that will vest on March 17, 2018, can range from 0% to 200% of the units granted based upon the issuer's total shareholder return measured against an industry peer group over a three year period.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock. These restricted stock units vest in three equal installments on March 17, 2016, March 17, 2017 and March 17, 2018.