Sec Form 4 Filing - Levy James R. @ Laredo Petroleum, Inc. - 2020-11-25

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
Levy James R.
2. Issuer Name and Ticker or Trading Symbol
Laredo Petroleum, Inc. [ LPI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
11/25/2020
(Street)
NEW YORK, NY10017
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, par value $0.01 per share (''Common Stock'') 11/25/2020 S( 1 ) 116,701 ( 1 ) D $ 12.0698 ( 8 ) ( 11 ) 404,052 I See footnote ( 5 ) ( 6 ) ( 7 )
Common Stock 11/25/2020 S( 2 ) 3,733 ( 2 ) D $ 12.0698 ( 8 ) ( 11 ) 13,251 I See footnote ( 5 ) ( 6 ) ( 7 )
Common Stock 11/25/2020 S( 1 ) 8,286 ( 1 ) D $ 12.4091 ( 9 ) ( 11 ) 395,766 I See footnote ( 5 ) ( 6 ) ( 7 )
Common Stock 11/25/2020 S( 2 ) 265 ( 2 ) D $ 12.4091 ( 9 ) ( 11 ) 12,986 I See footnote ( 5 ) ( 6 ) ( 7 )
Common Stock 11/30/2020 S( 3 ) 395,766 ( 3 ) D $ 12.0061 ( 10 ) ( 11 ) 0 I See footnote ( 5 ) ( 6 ) ( 7 )
Common Stock 11/30/2020 S( 4 ) 12,986 ( 4 ) D $ 12.0061 ( 10 ) ( 11 ) 0 I See footnote ( 5 ) ( 6 ) ( 7 )
Common Stock 19,200 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Levy James R.
C/O WARBURG PINCUS LLC
450 LEXINGTON AVENUE
NEW YORK, NY10017
X
Signatures
/s/ Robert B. Knauss, as attorney-in-fact*** for James R. Levy 11/30/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On November 25, 2020, Warburg Pincus Private Equity X O&G, L.P, a Delaware limited partnership ("WP X O&G"), sold an aggregate of 124,987 Shares at a price of $12.0923 per share.
( 2 )On November 25, 2020, Warburg Pincus X Partners, L.P., a Delaware limited partnership ("WP X Partners"), sold an aggregate of 3,998 Shares at a price of $12.0923 per share.
( 3 )On November 30, 2020, WP X O&G, sold an aggregate of 395,766 Shares at a price of $12.0061 per share.
( 4 )On November 30, 2020, WP X Partners, sold an aggregate of 12,986 Shares at a price of $12.0061 per share.
( 5 )The Warburg Pincus entities are (i) Warburg Pincus Private Equity X O&G, L.P., a Delaware limited partnership ("WP X O&G"), and (ii) Warburg Pincus X Partners, L.P., a Delaware limited partnership ("WP X Partners"). Warburg Pincus X, L.P., a Delaware limited partnership ("WP X GP"), is the general partner of each of WP X O&G and WP X Partners. Warburg Pincus X GP L.P., a Delaware limited partnership ("WP X LP"), is the general partner of WP X GP, WPP GP LLC, a Delaware limited liability company ("WPP GP"), is the general partner WP X GP.
( 6 )Warburg Pincus Partners, L.P., a Delaware limited partnership ("WP Partners"), is the managing member of WPP GP. Warburg Pincus Partners GP LLC, a Delaware limited liability company ("WP Partners GP"), is the general partner of WP Partners. Warburg Pincus & Co., a New York general partnership ("WP"), is the managing member of WP Partners GP. Warburg Pincus LLC, a New York limited liability company ("WP LLC"), manages each of WP X O&G and WP X Partners. The address of the Warburg Pincus entities is 450 Lexington Avenue, New York, New York 10017.
( 7 )James R. Levy is a director of the Issuer, a Partner of WP and a Member and Managing Director of WP LLC. All shares indicated as owned by Mr. Levy are included because of his affiliation with the Warburg Pincus entities. Mr. Levy disclaims beneficial ownership of all shares held by the Warburg Pincus entities.
( 8 )The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.400 to $12.395 per share, inclusive.
( 9 )The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.400 to $12.440 per share, inclusive.
( 10 )The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.900 to $12.220 per share, inclusive.
( 11 )Mr. Levy undertakes to provide, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (8) through (10) to this Form 4.

Remarks:
***The Power of Attorney given by Mr. Levy was previously filed with the U.S. Securities and Exchange Commission on October 12, 2016 as an exhibit to the Form 4 filed by Mr. Levy with respect to Antero Resources Corporation and is hereby incorporated by reference.

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