Michael J. Killelea - Dec 10, 2021 Form 4 Insider Report for GOODRICH PETROLEUM CORP (GDP)

Signature
Michael J. Killelea
Stock symbol
GDP
Transactions as of
Dec 10, 2021
Transactions value $
-$94,287
Form type
4
Date filed
12/14/2021, 03:04 PM
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDP Common Stock Options Exercise +10.6K +5.58% 200K Dec 10, 2021 Direct F1
transaction GDP Common Stock Tax liability -$94.3K -4.1K -2.06% $22.98 195K Dec 10, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GDP Phantom Stock Options Exercise $0 +10.6K $0.00 10.6K Dec 10, 2021 Common Stock 10.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 10, 2021 the reporting person settled one-third of the shares of phantom stock that were granted to him on December 10, 2019.