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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1022646	Ultra Petroleum Corp	UPLCQ	Crude Petroleum & Natural Gas (1311)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1379283	T Mark Solomon	C/O Ultra Petroleum Corp. 116 East Inverness Drive, Suite 400 Englewood CO 80112	Vp, Chf Acctg Ofr, Controller	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-09-08	16,778	$0.01	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Units	$0.00			186,667	186,667	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	186,667	186,667	Direct

Footnotes

Such time-based restricted stock units converted into common stock on a one-for-one basis.
On June 17, 2019, the Reporting Person was granted 70,000 time-based restricted stock units, scheduled to vest, if at all, in three equal annual installments beginning on June 17, 2020.
Following the transaction reported herein, 46,667 of the restricted stock units set forth in box 9 of this Form 4 are time-based and will vest, if at all, in two equal annual installments beginning on June 17, 2021. The time-based awards will terminate, and the applicable restricted stock units will not vest if the Reporting Person is not employed by the Company on the date any portion of the award is scheduled to vest.
(Continued from Footnote 3) 140,000 of the restricted stock units are subject to both performance-based and time-based vesting terms. The performance-based vesting conditions are assessed based on the volume-weighted average price of the Company's common shares as measured over 60 consecutive trading days relative to pre-established price goals. Once a performance-based vesting condition is achieved, the restricted stock units that have become performance vested will time-vest over the two or three-year period following the date on which they became performance vested.