0001528129-20-000018.txt : 20200218 0001528129-20-000018.hdr.sgml : 20200218 20200218151538 ACCESSION NUMBER: 0001528129-20-000018 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200214 FILED AS OF DATE: 20200218 DATE AS OF CHANGE: 20200218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Beyer Michael T CENTRAL INDEX KEY: 0001605683 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35380 FILM NUMBER: 20624896 MAIL ADDRESS: STREET 1: 15 W. SIXTH STREET STREET 2: SUITE 900 CITY: TULSA STATE: OK ZIP: 74119 FORMER NAME: FORMER CONFORMED NAME: Beyer Michael DATE OF NAME CHANGE: 20140415 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Laredo Petroleum, Inc. CENTRAL INDEX KEY: 0001528129 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 453007926 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 15 W. SIXTH STREET STREET 2: SUITE 900 CITY: TULSA STATE: OK ZIP: 74119 BUSINESS PHONE: 918-513-4570 MAIL ADDRESS: STREET 1: 15 W. SIXTH STREET STREET 2: SUITE 900 CITY: TULSA STATE: OK ZIP: 74119 FORMER COMPANY: FORMER CONFORMED NAME: Laredo Petroleum Holdings, Inc. DATE OF NAME CHANGE: 20110816 4 1 wf-form4_158205692107238.xml FORM 4 X0306 4 2020-02-14 0 0001528129 Laredo Petroleum, Inc. LPI 0001605683 Beyer Michael T 15 W. SIXTH STREET, SUITE 900 TULSA OK 74119 0 1 0 0 Sr. V.P., CFO Common Stock 2020-02-14 4 F 0 1508 1.50 D 169896 D Common Stock 2020-02-14 4 F 0 5108 1.50 D 164788 D Common Stock 2020-02-14 4 M 0 0 0 A 164788 D Performance Units 2020-02-14 4 M 0 0 0 A 2020-02-17 Common Stock 0.0 0 D Performance Units 2021-02-16 Common Stock 34662.0 34662 D Performance Units 2022-02-28 Common Stock 78630.0 78630 D Stock Option (Right to buy) 24.11 2013-02-03 2022-02-03 Common Stock 2617.0 2617 D Stock Option (Right to buy) 17.34 2014-02-15 2023-02-15 Common Stock 13077.0 13077 D Stock Option (Right to buy) 11.93 2016-02-27 2025-02-27 Common Stock 21188.0 21188 D Stock Option (Right to buy) 4.1 2017-02-19 2026-02-19 Common Stock 39133.0 39133 D Stock Option (Right to buy) 14.12 2018-02-17 2027-02-17 Common Stock 15019.0 15019 D Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of a portion of restricted shares previously granted to the Reporting Person under the Issuer's Omnibus Equity Incentive Plan. These performance share units were granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 4 filed by the Issuer on February 17, 2017. Each performance share unit represented a share of common stock. These performance units vested on February 14, 2020, and became payable in common stock based upon the Issuer's total shareholders return measured against an industry peer group, over a thee-year performance period ending December 31, 2019. Based on the actual market criteria, 0% of the 19,858 performance units were issued, resulting in the issuance of 0 shares of common stock. These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon (i) the Issuer's total shareholder return measured against an industry peer group, (ii) on an absolute share return basis and (iii) based on a return on average capital employed metric, over a three-year performance period ending December 31, 2020. The final number of shares of common stock granted can range from 0% to 200% of the performance share units. These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, cash, or a combination of common stock and cash, to be determined in the discretion of the Issuer's Compensation Committee, based upon (i) the Issuer's total shareholder return measured against an industry peer group, (ii) on an absolute share return basis and (iii) based on a return on average capital employed metric, over a three-year performance period ending December 31, 2021. The final number of shares of common stock granted can range from 0% to 200% of the performance share units. This stock option was granted under the Issuer's Omnibus Equity Incentive Plan and is exercisable as to 25% on each of the first four anniversaries of the date of the grant. /s/ Mark Denny, as attorney-in-fact for Michael T. Beyer 2020-02-18