BOUNDS CARY M (Chief Executive Officer & COO) exercised options at VAALCO ENERGY INC /DE/

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 6 exercises

BOUNDS CARY M

Filed: 12/13/2019ACC: 0001209191-19-060315

InsiderBOUNDS CARY MCIK 1647090

→

IssuerVAALCO ENERGY INC /DE/CIK 894627

DirectorOfficer· Chief Executive Officer & COO

Since Jul 2018

-287.50K

Net shares

Net seller

$345.0K

Total sold

Open market trades

0B · 0S

Total transactions

407.22K acquired · 694.72K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+59.86K

Price / share

$1.04

Trade value

$62.25K

% of position

12.7%

12/12/2019

470.10K→529.96K

Common Stock

Direct

M · Option Exercise

+59.86K

Price / share

$1.04

Trade value

$62.25K

% of position

11.3%

12/12/2019

529.96K→589.82K

Common Stock

Direct

M · Option Exercise

+251.57K

Price / share

$1.20

Trade value

$301.89K

% of position

42.7%

12/12/2019

589.82K→841.39K

Common Stock

Direct

M · Option Exercise

−251.57K

Price / share

$1.20

Trade value

$301.89K

% of position

29.9%

12/12/2019

841.39K→589.82K

Common Stock

Direct

M · Option Exercise

+35.93K

Price / share

$1.20

Trade value

$43.12K

% of position

6.1%

12/12/2019

589.82K→625.75K

Common Stock

Direct

M · Option Exercise

−35.93K

Price / share

$1.20

Trade value

$43.12K

% of position

5.7%

12/12/2019

625.75K→589.82K

Total

Net shares

+119.72K

Net value

$124.51K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/12/2019	M · Option Exercise	+59.86K	$1.04	$62.25K	12.7%	470.10K	529.96K
Common Stock Direct	12/12/2019	M · Option Exercise	+59.86K	$1.04	$62.25K	11.3%	529.96K	589.82K
Common Stock Direct	12/12/2019	M · Option Exercise	+251.57K	$1.20	$301.89K	42.7%	589.82K	841.39K
Common Stock Direct	12/12/2019	M · Option Exercise	−251.57K	$1.20	$301.89K	29.9%	841.39K	589.82K
Common Stock Direct	12/12/2019	M · Option Exercise	+35.93K	$1.20	$43.12K	6.1%	589.82K	625.75K
Common Stock Direct	12/12/2019	M · Option Exercise	−35.93K	$1.20	$43.12K	5.7%	625.75K	589.82K
Total			+119.72K		$124.51K

Derivative Transactions4

Options

Direct

M · Option Exercise

Converts to

Common Stock

59.86K shares

−59.86K

Strike price

1.04

Held after

119.72K

Exercisable

—

12/12/2019

Options

Direct

M · Option Exercise

Converts to

CommonStock

59.86K shares

−59.86K

Strike price

1.04

Held after

59.86K

Exercisable

—

12/12/2019

SARs

Direct

M · Option Exercise

Converts to

Common Stock

251.57K shares

−251.57K

Strike price

1.20

Held after

503.14K

Exercisable

—

12/12/2019

SARs

Direct

M · Option Exercise

Converts to

Common Stock

35.93K shares

−35.93K

Strike price

1.20

Held after

467.21K

Exercisable

—

12/12/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Options Direct	Common Stock59.86K shares	12/12/2019	M · Option Exercise	−59.86K	1.04	—	119.72K
Options Direct	CommonStock59.86K shares	12/12/2019	M · Option Exercise	−59.86K	1.04	—	59.86K
SARs Direct	Common Stock251.57K shares	12/12/2019	M · Option Exercise	−251.57K	1.20	—	503.14K
SARs Direct	Common Stock35.93K shares	12/12/2019	M · Option Exercise	−35.93K	1.20	—	467.21K