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 · 8 exercises

BOUNDS CARY M

Filed: 4/13/2021ACC: 0001209191-21-026475

InsiderBOUNDS CARY MCIK 1647090

→

IssuerVAALCO ENERGY INC /DE/CIK 894627

DirectorOfficer· Chief Executive Officer & COO

Since Jul 2018

-1.62M

Net shares

Net seller

$3.63M

Total sold

Open market trades

0B · 0S

Total transactions

1.73M acquired · 3.35M disposed

Non-Derivative Transactions14

Common Stock

Direct

M · Option Exercise

+215.64K

Price / share

$1.20

Trade value

$258.77K

% of position

24.2%

4/9/2021

889.73K→1.11M

Common Stock

Direct

M · Option Exercise

+251.57K

Price / share

$1.20

Trade value

$301.89K

% of position

22.8%

4/9/2021

1.11M→1.36M

Common Stock

Direct

M · Option Exercise

+297.11K

Price / share

$0.86

Trade value

$255.52K

% of position

21.9%

4/9/2021

1.36M→1.65M

Common Stock

Direct

M · Option Exercise

+297.11K

Price / share

$0.86

Trade value

$255.52K

% of position

18.0%

4/9/2021

1.65M→1.95M

Common Stock

Direct

M · Option Exercise

+297.11K

Price / share

$0.86

Trade value

$255.52K

% of position

15.2%

4/9/2021

1.95M→2.25M

Common Stock

Direct

D · Disposition

−215.64K

Price / share

$2.25

Trade value

$485.20K

% of position

9.6%

4/9/2021

2.25M→2.03M

Common Stock

Direct

D · Disposition

−251.57K

Price / share

$2.25

Trade value

$566.04K

% of position

12.4%

4/9/2021

2.03M→1.78M

Common Stock

Direct

D · Disposition

−297.11K

Price / share

$2.25

Trade value

$668.50K

% of position

16.7%

4/9/2021

1.78M→1.48M

Common Stock

Direct

D · Disposition

−297.11K

Price / share

$2.25

Trade value

$668.50K

% of position

20.0%

4/9/2021

1.48M→1.19M

Common Stock

Direct

D · Disposition

−297.11K

Price / share

$2.25

Trade value

$668.50K

% of position

25.0%

4/9/2021

1.19M→889.73K

Common Stock

Direct

M · Option Exercise

+125.01K

Price / share

$2.25

Trade value

$281.28K

% of position

14.1%

4/9/2021

889.73K→1.01M

Common Stock

Direct

M · Option Exercise

+125.01K

Price / share

$2.25

Trade value

$281.28K

% of position

12.3%

4/9/2021

1.01M→1.14M

Common Stock

Direct

M · Option Exercise

+125.01K

Price / share

$2.25

Trade value

$281.28K

% of position

11.0%

4/9/2021

1.14M→1.26M

Common Stock

Direct

F · Tax Withholding

−256.76K

Price / share

$2.25

Trade value

$577.71K

% of position

20.3%

4/9/2021

1.26M→1.01M

Total

Net shares

+118.28K

Net value

-$1.46M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/9/2021	M · Option Exercise	+215.64K	$1.20	$258.77K	24.2%	889.73K	1.11M
Common Stock Direct	4/9/2021	M · Option Exercise	+251.57K	$1.20	$301.89K	22.8%	1.11M	1.36M
Common Stock Direct	4/9/2021	M · Option Exercise	+297.11K	$0.86	$255.52K	21.9%	1.36M	1.65M
Common Stock Direct	4/9/2021	M · Option Exercise	+297.11K	$0.86	$255.52K	18.0%	1.65M	1.95M
Common Stock Direct	4/9/2021	M · Option Exercise	+297.11K	$0.86	$255.52K	15.2%	1.95M	2.25M
Common Stock Direct	4/9/2021	D · Disposition	−215.64K	$2.25	$485.20K	9.6%	2.25M	2.03M
Common Stock Direct	4/9/2021	D · Disposition	−251.57K	$2.25	$566.04K	12.4%	2.03M	1.78M
Common Stock Direct	4/9/2021	D · Disposition	−297.11K	$2.25	$668.50K	16.7%	1.78M	1.48M
Common Stock Direct	4/9/2021	D · Disposition	−297.11K	$2.25	$668.50K	20.0%	1.48M	1.19M
Common Stock Direct	4/9/2021	D · Disposition	−297.11K	$2.25	$668.50K	25.0%	1.19M	889.73K
Common Stock Direct	4/9/2021	M · Option Exercise	+125.01K	$2.25	$281.28K	14.1%	889.73K	1.01M
Common Stock Direct	4/9/2021	M · Option Exercise	+125.01K	$2.25	$281.28K	12.3%	1.01M	1.14M
Common Stock Direct	4/9/2021	M · Option Exercise	+125.01K	$2.25	$281.28K	11.0%	1.14M	1.26M
Common Stock Direct	4/9/2021	F · Tax Withholding	−256.76K	$2.25	$577.71K	20.3%	1.26M	1.01M
Total			+118.28K		-$1.46M

Derivative Transactions8

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

215.64K shares

−215.64K

Strike price

1.20

Held after

251.57K

Exercisable

—

4/9/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

251.57K shares

−251.57K

Strike price

1.20

Held after

0.00

Exercisable

—

4/9/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

297.11K shares

−297.11K

Strike price

0.86

Held after

594.22K

Exercisable

—

4/9/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

297.11K shares

−297.11K

Strike price

0.86

Held after

297.11K

Exercisable

—

4/9/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

297.11K shares

−297.11K

Strike price

0.86

Held after

0.00

Exercisable

—

4/9/2021

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

125.01K shares

−125.01K

Strike price

2.25

Held after

250.03K

Exercisable

—

4/9/2021

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

125.01K shares

−125.01K

Strike price

2.25

Held after

125.01K

Exercisable

—

4/9/2021

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

125.01K shares

−125.01K

Strike price

2.25

Held after

0.00

Exercisable

—

4/9/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Common Stock215.64K shares	4/9/2021	M · Option Exercise	−215.64K	1.20	—	251.57K
Stock Appreciation Right Direct	Common Stock251.57K shares	4/9/2021	M · Option Exercise	−251.57K	1.20	—	0.00
Stock Appreciation Right Direct	Common Stock297.11K shares	4/9/2021	M · Option Exercise	−297.11K	0.86	—	594.22K
Stock Appreciation Right Direct	Common Stock297.11K shares	4/9/2021	M · Option Exercise	−297.11K	0.86	—	297.11K
Stock Appreciation Right Direct	Common Stock297.11K shares	4/9/2021	M · Option Exercise	−297.11K	0.86	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock125.01K shares	4/9/2021	M · Option Exercise	−125.01K	2.25	—	250.03K
Employee Stock Option (right to buy) Direct	Common Stock125.01K shares	4/9/2021	M · Option Exercise	−125.01K	2.25	—	125.01K
Employee Stock Option (right to buy) Direct	Common Stock125.01K shares	4/9/2021	M · Option Exercise	−125.01K	2.25	—	0.00