Statement of Changes in Beneficial Ownership (4)
16 Dezember 2020 - 11:13PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
TURNHAM ROBERT C JR |
2. Issuer Name and Ticker or Trading Symbol
GOODRICH PETROLEUM CORP
[
GDP
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President & COO |
(Last)
(First)
(Middle)
C/O GOODRICH PETROLEUM CORPORATION, 801 LOUISIANA, SUITE 700 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/14/2020 |
(Street)
HOUSTON, TX 77002
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 12/14/2020 | | M | | 34121 | A | (1) | 540917 | D | |
Common Stock | 12/14/2020 | | F | | 13426 | D | $10.62 | 527491 | D | |
Common Stock | 12/14/2020 | | M | | 255910 | A | (2) | 783401 | D | |
Common Stock | 12/14/2020 | | F | | 100700 | D | $10.62 | 682701 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Phantom Stock | (1) | 12/14/2020 | | M | | | 34121 | 12/14/2020 | 12/14/2020 | Common Stock | 34121 | $0 | 0 | D | |
Phantom Stock (Performance Units) | (2) | 12/14/2020 | | M | | | 102364 | 12/14/2020 | 12/14/2020 | Common Stock | 102364 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 16, 2019 the reporting person settled one-third of the shares of phantom stock that were granted to him on December 14, 2017. |
(2) | Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 14, 2020 the reporting person settled 100% of the performance shares that were granted to him on December 14, 2017. Based upon the Company's total stockholder return (TSR) relative to the Russell 2000 Energy Index at the end of the three-year performance period (December 14, 2017 through December 14, 2020), the reporting person earned 250% of the target payment, or 255,910 shares of the Company's common stock. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
TURNHAM ROBERT C JR C/O GOODRICH PETROLEUM CORPORATION 801 LOUISIANA, SUITE 700 HOUSTON, TX 77002 | X |
| President & COO |
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Signatures
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Robert C. Turnham, Jr. | | 12/16/2020 |
**Signature of Reporting Person | Date |
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