SEC Form 4/A · accession 0001181431-15-001452
VAALCO ENERGY INC /DE/ · EGY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
W Russell Scheirman II
Officer — President and COO · Director
Period of report
Aug 12, 2015
Accepted (ET)
Jan 23, 2015 · 6:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000894627
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 12, 2014 | M | 208,500 | $4.28 | A | 326,165 | D | |
| Common Stock | Aug 12, 2014 | F | 150,412 | $7.99 | D | 175,753 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person exercised 208,500 non-statutory options. The Reporting Person executed a cashless exercise to effectuate the transaction. The cashless exercise resulted in a net gain of 58,088 shares of directly held common stock. To cover the cost of the options and associated taxes the Issuer withheld 150,412 shares.
- F2The amount of securities beneficially owned following the reported transaction on the reporting person's original Form 4 omitted 17,500 common shares previously owned and reported.