Amplify Energy director exercises and receives shares
Amplify Energy Corp. director Deborah G. Adams increased her equity position through equity compensation events.
Rhea-AI Filing Summary
Amplify Energy Corp. director Deborah G. Adams increased her equity position through equity compensation events. She exercised previously awarded restricted stock units, receiving 36,459 shares of common stock upon settlement of time-based stock units. Following this exercise, she directly holds 118,085 shares of common stock.
Adams also received a new grant of 31,365 restricted stock units under the company’s 2024 Amended & Restated Equity Incentive Plan. These units vest on the first anniversary of the grant date, as long as she remains on the board, and convert into common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,459 shares exercised/converted
Exercise
3 txns
Insider
Adams Deborah G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 31,365 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 36,459 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 36,459 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 31,365 contracts (Direct);
Common Stock, par value $0.01 per share — 118,085 shares (Direct)
Footnotes (3)
- F1. Reflects shares of common stock, par value $0.01 per share of Amplify Energy Corp. (the "Company") granted upon settlement of previously awarded restricted stock units with service-based vesting conditions ("TSUs").
- F2. These TSUs were granted under the Amplify Energy Corp. 2024 Equity Incentive Plan, vesting on the first anniversary of the date of grant so long as the reporting person remained a member of the board of directors of the Company through the vesting date.
- F3. Share amount reflects an aggregate number and represents 31,365 unvested TSUs. These TSUs were granted under the Amplify Energy Corp. 2024 Amended & Restated Equity Incentive Plan and vest on the first anniversary of the date of grant so long as the reporting person remains a member of the board of directors of the Company through the vesting date. The TSUs convert into common stock on a one-for-one basis.
Key Figures
Common shares acquired via TSU settlement: 36,459 shares
Common shares held after transaction: 118,085 shares
New restricted stock units granted: 31,365 units
+2 more
5 metrics
Common shares acquired via TSU settlement
36,459 shares
Exercise of previously awarded restricted stock units
Common shares held after transaction
118,085 shares
Direct holdings following TSU settlement
New restricted stock units granted
31,365 units
Grant under 2024 Amended & Restated Equity Incentive Plan
TSUs exercised from prior grant
36,459 units
Previously awarded TSUs with service-based vesting
RSU conversion ratio
1:1 into common stock
TSUs convert into Amplify Energy common shares
Key Terms
Restricted Stock Units, Equity Incentive Plan, service-based vesting conditions, TSUs
4 terms
Restricted Stock Units financial
"Share amount reflects an aggregate number and represents 31,365 unvested TSUs. These TSUs were granted under the Amplify Energy Corp. 2024 Amended & Restated Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"These TSUs were granted under the Amplify Energy Corp. 2024 Equity Incentive Plan, vesting on the first anniversary of the date of grant"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
service-based vesting conditions financial
"granted upon settlement of previously awarded restricted stock units with service-based vesting conditions ("TSUs")"
TSUs financial
"Share amount reflects an aggregate number and represents 31,365 unvested TSUs. These TSUs were granted under the Amplify Energy Corp. 2024 Amended & Restated Equity Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Amplify Energy (AMPY) disclose for Deborah G. Adams?
Deborah G. Adams exercised previously awarded restricted stock units into 36,459 shares of Amplify Energy common stock and received a new grant of 31,365 restricted stock units that will convert into common stock on a one-for-one basis after vesting.
What are the terms of the new 31,365 restricted stock units at Amplify Energy (AMPY)?
The 31,365 restricted stock units were granted under Amplify Energy’s 2024 Amended & Restated Equity Incentive Plan. They vest on the first anniversary of the grant date, provided Deborah G. Adams remains a member of the board through vesting, and then convert into common stock one-for-one.
Under which plans were the Amplify Energy (AMPY) equity awards to Deborah G. Adams granted?
The exercised time-based stock units were granted under the Amplify Energy Corp. 2024 Equity Incentive Plan. The new 31,365 restricted stock units were granted under the Amplify Energy Corp. 2024 Amended & Restated Equity Incentive Plan, both tied to continued board service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
