VAALCO CAO granted 19,935 restricted shares
Willis Lynn reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Willis Lynn reported acquisition or exercise transactions in this Form 4 filing.
VAALCO Energy granted Chief Accounting Officer Lynn Willis 19,935 shares of restricted common stock under the company’s 2020 Long Term Incentive Plan. The award was made at no cash cost and vests in three equal annual installments beginning on the first anniversary of the grant date.
Following this grant, Willis directly holds 67,134 shares of VAALCO Energy common stock, aligning a greater portion of his compensation with the company’s future share performance over the multi-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,935 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan (the "Plan"). The shares vest in three equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
Key Terms
restricted stock financial
Long Term Incentive Plan financial
vest financial
FAQ
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What insider transaction did VAALCO Energy (EGY) report for Lynn Willis?
What are the vesting terms of Lynn Willis’s restricted stock from VAALCO Energy (EGY)?
Was cash paid for Lynn Willis’s VAALCO Energy (EGY) restricted stock grant?
Under which plan did VAALCO Energy (EGY) grant restricted stock to Lynn Willis?
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