Sec Form 4 Filing - Curth Patrick J @ Laredo Petroleum, Inc. - 2017-03-31

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Curth Patrick J
2. Issuer Name and Ticker or Trading Symbol
Laredo Petroleum, Inc. [ LPI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. VP - Exploration & Land
(Last) (First) (Middle)
15 W. SIXTH STREET, SUITE 900
3. Date of Earliest Transaction (MM/DD/YY)
03/31/2017
(Street)
TULSA, OK74119
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/31/2017 M 22,787 ( 1 ) A $ 11.93 232,386 D
Common Stock 03/31/2017 S 22,787 D $ 14.43 ( 2 ) 209,599 D
Common Stock 03/31/2017 M 21,043 ( 3 ) A $ 4.1 230,642 D
Common Stock 03/31/2017 S 21,043 D $ 14.39 ( 2 ) 209,599 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Stock Option (Right to buy) $ 14.12 02/17/2018( 4 ) 02/17/2027 Common Stock 31,571 31,571 D
Performance Units ( 5 ) 02/17/2020 ( 5 ) Common Stock 41,744 41,744 D
Stock Option (Right to buy) $ 4.1 03/31/2017 M 21,043 02/19/2017( 4 ) 02/19/2026 Common Stock 21,043 $ 0 63,130 D
Performance Units ( 6 ) 02/19/2019 ( 6 ) Common Stock 105,536 105,536 D
Stock Option (Right to buy) $ 11.93 03/31/2017 M 22,787 02/27/2016( 4 ) 02/27/2025 Common Stock 22,787 $ 0 22,787 D
Performance Units ( 7 ) 02/27/2018 ( 7 ) Common Stock 43,472 43,472 D
Stock Option (Right to buy) $ 25.6 02/27/2015( 4 ) 02/27/2024 Common Stock 26,068 26,068 D
Stock Option (Right to buy) $ 17.34 02/15/2014( 4 ) 02/15/2023 Common Stock 33,330 33,330 D
Stock Option (Right to buy) $ 24.11 02/03/2013( 4 ) 02/03/2022 Common Stock 21,131 21,131 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Curth Patrick J
15 W. SIXTH STREET, SUITE 900
TULSA, OK74119
Sr. VP - Exploration & Land
Signatures
Kenneth E. Dornblaser, as attorney-in-fact for Patrick J. Curth 04/04/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The stock options were granted on February 27, 2015 under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 4 filed by the Issuer on the same date. The stock options became exercisable as to 25% on each of the first four anniversaries of the date of the grant.
( 2 )The price reported in Column 4 is an average weighted price. The reporting person undertakes to provide Laredo Petroleum, Inc. ("Laredo"), any security holder of Laredo, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
( 3 )The stock options were contingently granted on February 19, 2016 under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a Form 4 filed by the Issuer on May 25, 2016, following approval of an amendment to the Issuer's Omnibus Equity Incentive Plan. The stock options became exercisable as to 25% on each of the first four anniversaries of the date of the grant.
( 4 )This stock option was granted under the Issuer's Omnibus Equity Incentive Plan and is exercisable as to 25% on each of the first four anniversaries of the date of the grant.
( 5 )These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2019. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
( 6 )These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2018. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.
( 7 )These performance share units are granted under the Issuer's Omnibus Equity Incentive Plan. Each performance share unit represents a share of common stock. The performance share units will be payable, if at all, in common stock, based upon the Issuer's total shareholders return measured against an industry peer group, over a three year performance period ending December 31, 2017. The final number of shares of common stock granted can range from 0% to 200% of the performance share units.

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