SEC Form 4 · accession 0000950103-15-001376
Cobalt International Energy, Inc. · CIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Anthony Smith
Officer — Senior Vice President
Period of report
Feb 19, 2015
Accepted (ET)
Feb 20, 2015 · 9:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001471261
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 19, 2015 | A | 23,438 | $0.00 | A | 314,248 | D | |
| Common StockF3 | holding | — | — | — | 3,400 | I | See footnote | |
| Common StockF3 | holding | — | — | — | 3,400 | I | See footnote | |
| Common StockF3 | holding | — | — | — | 3,400 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $8.87 | Feb 19, 2015 | A | 45,894 | A | Feb 19, 2016 | Feb 19, 2025 | Common Stock | 45,894 | 45,894 | D |
Explanation of responses
- F123,438 shares represent restricted shares granted under the Issuer's Long Term Incentive Plan (the "Plan"), which will vest one-third (1/3) on each of: February 19, 2016, February 19, 2017 and February 19, 2018, subject to the terms of the award agreement under the Plan.
- F235,000 of the total number of shares held directly by the reporting person are held jointly with his wife.
- F3These shares were purchased on behalf of the reporting person's minor child. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F445,894 shares represent shares underlying stock appreciation rights granted under the Plan, which will vest with respect to one-third (1/3) of the underlying shares of Common Stock on each of: February 19, 2016, February 19, 2017 and February 19, 2018, subject to the terms of the award agreement under the Plan.