X0306 4 2017-12-14 0 0000943861 GOODRICH PETROLEUM CORP GDP 0001007813 GOODRICH WALTER G C/O GOODRICH PETROLEUM CO 801 LOUISIANA, SUITE 700 HOUSTON TX 77002 1 1 0 0 Chairman and CEO Phantom Stock 2017-12-14 4 A 0 102365 0.00 A Common Stock 102365 102365 D Performance Share Unit 2017-12-14 4 A 0 102364 0.00 A Common Stock 102364 102364 D Each share of phantom stock is the economic equivalent of one share of GDP common stock. The phantom stock vests in increments of one-third beginning December 14, 2018 for each of the next three years. Thus the reporting person will receive 34,122 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement dates, in the sole discretion of the issuer) on each of December 14, 2018, and 2019 and 34,121 shares of common stock of the issuer (or cash equal to the value of the common stock on the settlement dates, in the sole discretion of the issuer) on December 14, 2020, as long as the reporting person remains affiliated with the company. Each performance share unit represents a contingent right to receive one share of common stock. The number of performance share units that will vest on December 14, 2020 can range from 0% to 200% of the units granted based upon the issuer's total shareholder return measured against an industry peer group over a three year period. Walter G. Goodrich 2017-12-18