SEC Form 4 · accession 0001528129-16-000190
Laredo Petroleum, Inc. · LPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Randy A Foutch
Officer — Chairman & CEO · Director
Period of report
Feb 19, 2016
Accepted (ET)
Feb 19, 2016 · 5:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528129
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2016 | P | 22,072 | $4.52 | A | 623,523 | D | |
| Common StockF2 | holding | — | — | — | 95,037 | I | By Foutch Family Trust A | |
| Common Stock | holding | — | — | — | 95,037 | I | By Foutch Family Trust B | |
| Common Stock | holding | — | — | — | 95,037 | I | By Foutch Family Trust C | |
| Common Stock | holding | — | — | — | 95,037 | I | By Foutch Family Trust D | |
| Common Stock | holding | — | — | — | 500 | I | By Daughter | |
| Common Stock | holding | — | — | — | 450,928 | I | By Lariat Ranch LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is an average weighted price. The reporting person undertakes to provide Laredo Petroleum, Inc. ("Laredo"), any security holder of Laredo, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F2By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Foutch may be deemed to be a beneficial owner of the 380,148 shares of common stock of the Issuer held by the Foutch Family Trusts, the 500 shares of common stock of the Issuer held by his daughter and the 450,928 shares of common stock held by Lariat Ranch LLC. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, Mr. Foutch herein states that this Form 4 shall not be deemed an admission that he is the beneficial owner of such shares of common stock. Mr. Foutch disclaims beneficial ownership of the common stock of the Issuer, except to the extent that he has a pecuniary interest in such shares of common stock.