SEC Form 4 · accession 0001040593-17-000101
CARRIZO OIL & GAS INC · CRZO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S P Johnson IV
Officer — President and CEO · Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 6:56 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 StockF2 | Mar 31, 2017 | M | 50,000 | $17.28 | A | 295,194 | D | |
| Common StockF2 | Mar 31, 2017 | D | 50,000 | $28.045 | D | 245,194 | D | |
| Common Stock | holding | — | — | — | 400,000 | I | by family limited partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3,F4 | $17.28 | Mar 31, 2017 | M | 50,000 | D | — | Jul 13, 2017 | Common Stock | 50,000 | 119,279 | D |
Explanation of responses
- F1These transactions were effected in accordance with Rule 10b5-1.
- F2Pursuant to the requirements of Form 4, the exercise of cash settled stock appreciation rights are presented as an acquisition and disposition of common stock. Contrary to this presentation, because the stock appreciation rights were settled in cash, no shares of common stock were issued to or sold by the reporting person.
- F3These stock appreciation rights are settled solely in cash.
- F4These stock appreciation rights vested in three equal installments on May 29, 2011, May 29, 2012 and May 29, 2013.