0001040593-15-000071.txt : 20150602
0001040593-15-000071.hdr.sgml : 20150602
20150602174538
ACCESSION NUMBER: 0001040593-15-000071
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150529
FILED AS OF DATE: 20150602
DATE AS OF CHANGE: 20150602
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CARRIZO OIL & GAS INC
CENTRAL INDEX KEY: 0001040593
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 760415919
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 DALLAS STREET
STREET 2: SUITE 2300
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 7133281000
MAIL ADDRESS:
STREET 1: 500 DALLAS STREET
STREET 2: SUITE 2300
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pitts David L.
CENTRAL INDEX KEY: 0001481326
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-29187-87
FILM NUMBER: 15908109
MAIL ADDRESS:
STREET 1: 500 DALLAS STREET
STREET 2: SUITE 2300
CITY: HOUSTON
STATE: TX
ZIP: 77002
4
1
wf-form4_143328152813452.xml
FORM 4
X0306
4
2015-05-29
0
0001040593
CARRIZO OIL & GAS INC
CRZO
0001481326
Pitts David L.
500 DALLAS STREET
SUITE 2300
HOUSTON
TX
77002
0
1
0
0
VP & Chief Financial Officer
Common Stock
2015-05-29
4
M
0
8796
0
A
37593
D
Common Stock
2015-05-29
4
M
0
9863
0
A
47456
D
Common Stock
2015-06-01
4
S
0
7836
49.8328
D
39620
D
Common Stock
2015-05-29
4
M
0
2145
37.99
A
41765
D
Common Stock
2015-05-29
4
D
0
2145
50.01
D
39620
D
Restricted Stock Units
0.0
2015-05-29
4
M
0
8796
0
D
Common Stock
8796.0
0
D
Restricted Stock Units
0.0
2015-05-29
4
M
0
9863
0
D
Common Stock
9863.0
9863
D
Stock Appreciation Rights
37.99
2015-05-29
4
M
0
2145
0
D
2015-07-14
Common Stock
2145.0
0
D
The transactions reported in this Form 4 were effected in accordance with Rule 10b5-1.
The sales reported in this Form 4 were effected to satisfy the reporting person's federal income tax obligations with respect to the vesting of equity awards.
The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to the issuer, any security holder of the issuer 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 ranges set forth in this Form 4. These shares were sold in multiple transactions at prices ranging from $49.60 to $50.19, inclusive.
Pursuant to the requirements of Form 4, the exercise of cash settled stock appreciation rights are presented as an acquisition and disposition of common stock. Contrary to this presentation, because the stock appreciation rights were settled in cash, no shares of common stock were issued to or sold by the reporting person.
Each restricted stock unit was automatically converted into one share of common stock. These restricted stock units vested in three equal installments on May 29, 2013, May 29, 2014 and May 29, 2015.
Each restricted stock unit represents a contingent right to receive one share of common stock. These restricted stock units vested, or will vest, in three equal installments on May 29, 2014, May 29, 2015 and May 29, 2016.
These stock appreciation rights are settled solely in cash.
These stock appreciation rights vested in three installments of 40%, 40% and 20% on May 29, 2012, May 29, 2013 and May 29, 2014, respectively.
/s/ David L. Pitts, attorney-in-fact
2015-06-02