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 · 4 exercises

BOUNDS CARY M

Filed: 1/7/2021ACC: 0001209191-21-002640

InsiderBOUNDS CARY MCIK 1647090

→

IssuerVAALCO ENERGY INC /DE/CIK 894627

DirectorOfficer· Chief Executive Officer & COO

Since Jul 2018

-218.61K

Net shares

Net seller

$417.5K

Total sold

Open market trades

0B · 0S

Total transactions

239.44K acquired · 458.05K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+59.86K

Price / share

$1.04

Trade value

$62.25K

% of position

7.9%

1/5/2021

754.57K→814.43K

Common Stock

Direct

M · Option Exercise

+59.86K

Price / share

$1.04

Trade value

$62.25K

% of position

7.3%

1/5/2021

814.43K→874.29K

Common Stock

Direct

M · Option Exercise

+59.86K

Price / share

$1.04

Trade value

$62.25K

% of position

6.8%

1/5/2021

874.29K→934.15K

Common Stock

Direct

D · Disposition

−59.86K

Price / share

$1.91

Trade value

$114.33K

% of position

6.4%

1/5/2021

934.15K→874.29K

Common Stock

Direct

D · Disposition

−59.86K

Price / share

$1.91

Trade value

$114.33K

% of position

6.8%

1/5/2021

874.29K→814.43K

Common Stock

Direct

D · Disposition

−59.86K

Price / share

$1.91

Trade value

$114.33K

% of position

7.3%

1/5/2021

814.43K→754.57K

Common Stock

Direct

M · Option Exercise

+59.86K

Price / share

$1.04

Trade value

$62.25K

% of position

7.9%

1/5/2021

754.57K→814.43K

Common Stock

Direct

F · Tax Withholding

−39.03K

Price / share

$1.91

Trade value

$74.54K

% of position

4.8%

1/5/2021

814.43K→775.40K

Total

Net shares

+20.83K

Net value

-$168.52K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/5/2021	M · Option Exercise	+59.86K	$1.04	$62.25K	7.9%	754.57K	814.43K
Common Stock Direct	1/5/2021	M · Option Exercise	+59.86K	$1.04	$62.25K	7.3%	814.43K	874.29K
Common Stock Direct	1/5/2021	M · Option Exercise	+59.86K	$1.04	$62.25K	6.8%	874.29K	934.15K
Common Stock Direct	1/5/2021	D · Disposition	−59.86K	$1.91	$114.33K	6.4%	934.15K	874.29K
Common Stock Direct	1/5/2021	D · Disposition	−59.86K	$1.91	$114.33K	6.8%	874.29K	814.43K
Common Stock Direct	1/5/2021	D · Disposition	−59.86K	$1.91	$114.33K	7.3%	814.43K	754.57K
Common Stock Direct	1/5/2021	M · Option Exercise	+59.86K	$1.04	$62.25K	7.9%	754.57K	814.43K
Common Stock Direct	1/5/2021	F · Tax Withholding	−39.03K	$1.91	$74.54K	4.8%	814.43K	775.40K
Total			+20.83K		-$168.52K

Derivative Transactions4

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

59.86K shares

−59.86K

Strike price

1.04

Held after

119.72K

Exercisable

—

1/5/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

59.86K shares

−59.86K

Strike price

1.04

Held after

59.86K

Exercisable

—

1/5/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

59.86K shares

−59.86K

Strike price

1.04

Held after

0.00

Exercisable

—

1/5/2021

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

59.86K shares

−59.86K

Strike price

1.04

Held after

0.00

Exercisable

—

1/5/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Common Stock59.86K shares	1/5/2021	M · Option Exercise	−59.86K	1.04	—	119.72K
Stock Appreciation Right Direct	Common Stock59.86K shares	1/5/2021	M · Option Exercise	−59.86K	1.04	—	59.86K
Stock Appreciation Right Direct	Common Stock59.86K shares	1/5/2021	M · Option Exercise	−59.86K	1.04	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock59.86K shares	1/5/2021	M · Option Exercise	−59.86K	1.04	—	0.00