0001022646-20-000027.txt : 20200915
0001022646-20-000027.hdr.sgml : 20200915
20200915143138
ACCESSION NUMBER: 0001022646-20-000027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200911
FILED AS OF DATE: 20200915
DATE AS OF CHANGE: 20200915
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KERR KASON
CENTRAL INDEX KEY: 0001774187
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33614
FILM NUMBER: 201175756
MAIL ADDRESS:
STREET 1: C/O ULTRA PETROLEUM CORP.
STREET 2: 116 INVERNESS DRIVE EAST, SUITE 400
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ULTRA PETROLEUM CORP
CENTRAL INDEX KEY: 0001022646
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 000000000
STATE OF INCORPORATION: B0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 116 EAST INVERNESS DRIVE
STREET 2: SUITE 400
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
BUSINESS PHONE: 303-708-9740
MAIL ADDRESS:
STREET 1: 116 EAST INVERNESS DRIVE
STREET 2: SUITE 400
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2020-09-11
0
0001022646
ULTRA PETROLEUM CORP
UPLCQ
0001774187
KERR KASON
C/O ULTRA PETROLEUM CORP.
116 INVERNESS DRIVE EAST, SUITE 400
ENGLEWOOD
CO
80112
0
1
0
0
VP, Gen Counsel, Corp Secy
Common Stock
2020-09-11
4
S
0
100000
0.0062
D
20334
D
Restricted Stock Units
Common Stock
226666
226666
D
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0061 to $0.0066, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range stated.
Each restricted stock units represents a contingent right to receive one common share of the Company.
56,666 of such remaining restricted stock units are time-based and will vest, if at all, in two equal annual installments beginning on April 22, 2021. The time-based awards will terminate and the applicable restricted stock units will not vest if the Reporting Person is not employed by the Company on the date any portion of the award is scheduled to vest.
(Continued from Footnote 3) 170,000 of the restricted stock units are subject to both performance-based and time-based vesting terms. The performance-based vesting conditions are assessed based on the volume-weighted average price of the Company's common shares as measured over 60 consecutive trading days relative to pre-established price goals. Once a performance-based vesting condition is achieved, the restricted stock units that have become performance vested will time-vest over the two or three-year period following the date on which they became performance vested.
/s/ Kason D. Kerr
2020-09-15