SEC Form 4 · accession 0001040593-16-000231
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
Jul 27, 2016
Accepted (ET)
Jul 28, 2016 · 5:34 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Jul 27, 2016 | A | 10,737 | A | — | — | Common Stock | 10,737 | 10,737 | D |
| Performance Share UnitsF3,F4 | $0.00 | Jul 27, 2016 | A | 1,263 | A | — | — | Common Stock | 1,263 | 1,263 | D |
| Stock Appreciation RightsF5,F6 | $27.295 | Jul 27, 2016 | A | 11,406 | A | — | Mar 17, 2021 | Common Stock | 11,406 | 11,406 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2These restricted stock units vest in three equal installments on March 17, 2017, March 17, 2018 and March 17, 2019.
- F3Each performance share unit represents a contingent right to receive one share of common stock.
- F4The number of performance share units that will vest on March 17, 2019, 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.
- F5These stock appreciation rights are settled solely in cash.
- F6These stock appreciation rights vest in two equal installments on March 17, 2017 and March 17, 2018.