0001040593-18-000030.txt : 20180320
0001040593-18-000030.hdr.sgml : 20180320
20180320184101
ACCESSION NUMBER: 0001040593-18-000030
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180309
FILED AS OF DATE: 20180320
DATE AS OF CHANGE: 20180320
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: 18702956
MAIL ADDRESS:
STREET 1: 500 DALLAS STREET
STREET 2: SUITE 2300
CITY: HOUSTON
STATE: TX
ZIP: 77002
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
4
1
wf-form4_152158563270891.xml
FORM 4
X0306
4
2018-03-09
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
2018-03-17
4
M
0
4056
0
A
83371
D
Common Stock
2018-03-17
4
M
0
5666
0
A
89037
D
Common Stock
2018-03-17
4
M
0
9362
0
A
98399
D
Common Stock
2018-03-17
4
M
0
14276
0
A
112675
D
Common Stock
2018-03-20
4
S
0
13128
14.8326
D
99547
D
Restricted Stock Units
0.0
2018-03-09
4
A
0
97392
0
A
Common Stock
97392.0
97392
D
Stock Appreciation Rights
14.67
2018-03-09
4
A
0
69648
0
A
2025-03-17
Common Stock
69648.0
69648
D
Performance Share Units
0.0
2018-03-17
4
M
0
4635
0
D
Common Stock
4635.0
0
D
Restricted Stock Units
0.0
2018-03-17
4
M
0
5666
0
D
Common Stock
5666.0
0
D
Restricted Stock Units
0.0
2018-03-17
4
M
0
9362
0
D
Common Stock
9362.0
9362
D
Restricted Stock Units
0.0
2018-03-17
4
M
0
14276
0
D
Common Stock
14276.0
28552
D
This amount represents approximately 87.5% of the target performance share units granted based upon the issuer's total shareholder return measured against an industry peer group over a three year period.
These transactions 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 $14.69 to $15.12, inclusive.
Each restricted stock unit represents a contingent right to receive one share of common stock.
These restricted stock units vest in three equal installments on March 17, 2019, March 17, 2020 and March 17, 2021.
These stock appreciation rights are settled solely in cash.
These stock appreciation rights vest in three equal installments on March 17, 2019, March 17, 2020 and March 17, 2021.
Each performance share unit represents a contingent right to receive one share of common stock.
These performance share units vested on March 17, 2018. The number of performance share units 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.
These restricted stock units vested in three equal installments on March 17, 2016, March 17, 2017 and March 17, 2018.
These restricted stock units vested, or will vest, in three equal installments on March 17, 2017, March 17, 2018 and March 17, 2019.
These restricted stock units vested, or will vest, in three equal installments on March 17, 2018, March 17, 2019 and March 17, 2020.
/s/ David L. Pitts
2018-03-20