Jason Doughty - Jan 31, 2024 Form 4 Insider Report for Kosmos Energy Ltd. (KOS)

Signature
/s/ Josh R. Marion, as Attorney-in-Fact
Stock symbol
KOS
Transactions as of
Jan 31, 2024
Transactions value $
-$804,631
Form type
4
Date filed
2/2/2024, 05:49 PM
Previous filing
Feb 2, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOS Common Stock Award $0 +345K +29.21% $0.00 1.52M Jan 31, 2024 Direct F1
transaction KOS Common Stock Sale -$402K -66.6K -4.37% $6.03 1.46M Feb 1, 2024 Direct F2, F3
transaction KOS Common Stock Sale -$403K -69K -4.73% $5.84 1.39M Feb 2, 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares issued on settlement of restricted share units granted to the reporting person on January 31, 2021 under the Issuer's Long Term Incentive Plan (the "Plan") based on the target level of achievement of the applicable performance condition.
F2 These shares were sold to satisfy the tax withholding requirement arising from the vesting of restricted shares granted to the reporting person under the Plan.
F3 The price reported above reflects the weighted average sales price. Sales of shares took place at actual prices rating from $5.925 to $6.22 per share.
F4 The price reported above reflects the weighted average sales price. Sales of shares took place at actual prices ranging from $5.75 to $5.90 per share.