SEC Form 4 · accession 0001209191-19-016072
VAALCO ENERGY INC /DE/ · EGY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip F Patman Jr.
Officer — Chief Financial Officer
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 9:28 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 Stock | Feb 28, 2019 | F | 7,750 | $2.33 | D | 176,460 | D | |
| Common Stock | Feb 28, 2019 | A | 43,589 | $2.33 | A | 220,049 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $1.23 | Feb 28, 2019 | A | 164,678 | A | — | Feb 28, 2024 | Common Stock | 164,678 | 164,678 | D |
| Employee Stock Option (right to buy)F3 | $1.23 | Feb 28, 2019 | A | 82,339 | A | — | Feb 28, 2024 | Common Stock | 82,339 | 82,339 | D |
Explanation of responses
- F1Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
- F2Stock Appreciation Rights vest in equal installments on February 28, 2020, February 28, 2021 and February 28, 2022.
- F3Employee Stock Options vest in equal installments on February 28, 2020, February 28, 2021 and February 28, 2022.