Jason Doughty - Jan 31, 2022 Form 4 Insider Report for Kosmos Energy Ltd. (KOS)

Signature
By: /s/ Josh R. Marion, Attorney-in-Fact
Stock symbol
KOS
Transactions as of
Jan 31, 2022
Transactions value $
-$247,091
Form type
4
Date filed
2/2/2022, 03:50 PM
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOS Common Stock Award $0 +92.1K +9.57% $0.00 1.05M Jan 31, 2022 Direct F1
transaction KOS Common Stock Award $0 +91.8K +8.71% $0.00 1.15M Jan 31, 2022 Direct F2
transaction KOS Common Stock Tax liability -$247K -57.1K -4.98% $4.33 1.09M Jan 31, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted share units were granted under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder.
F2 Represents shares issued on settlement of restricted share units granted to the reporting person on January 31, 2019 under the Plan that vested based on the level of achievement of the applicable performance condition.
F3 These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Plan.