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