Filing Details

Accession Number:
0000950103-11-001918
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-18 21:18:37
Reporting Period:
2011-05-16
Filing Date:
2011-05-18
Accepted Time:
2011-05-18 21:18:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1509991 Kosmos Energy Ltd. KOS Crude Petroleum & Natural Gas (1311) 980686001
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1517105 C Dennis Mclaughlin C/O Kosmos Energy, Llc
8176 Park Lane, Suite 500
Dallas TX 75231
Senior V.p., Development 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 Shares Acquisiton 2011-05-16 725,215 $0.00 725,215 No 4 J Direct
Common Shares Acquisiton 2011-05-16 11,000 $18.00 736,215 No 4 P Direct
Common Shares Acquisiton 2011-05-18 470,588 $0.00 1,206,803 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 P Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Common Shares (Right to Receive) Acquisiton 2011-05-18 117,647 $0.00 117,647 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
117,647 No 4 A Direct
Footnotes
  1. In connection with a corporate reorganization, which involved Kosmos Energy Holdings becoming wholly-owned by the Issuer, and the Issuer's initial public offering described in the prospectus dated May 11, 2011, the reporting person received 205,968 common shares in exchange for his vested units in Kosmos Energy Holdings, the Issuer's predecessor, and 519,247 restricted shares in exchange for his unvested profit units in Kosmos Energy Holdings under the Issuer's Long Term Incentive Plan (the "Plan"). Subject to the terms of the award agreement under the Plan, these restricted shares are scheduled to vest on the same dates as the exchanged profit units were scheduled to vest, as follows:
  2. 83,039 of these restricted shares are scheduled to vest on February 6, 2012, 9,686 of these restricted shares are scheduled to vest on June 11, 2012, 53,726 of these restricted shares are scheduled to vest on December 10, 2012, and 372,796 of these restricted shares are scheduled to vest 50% on December 9, 2012 and 50% on December 9, 2014.
  3. The price to the public in the Issuer's initial public offering.
  4. These restricted shares were granted under the Plan and are scheduled to vest 25% on each of the first four anniversaries of May 16, 2011, subject to the terms of the Plan and an award agreement under the Plan.
  5. 1 for 1.
  6. In connection with the Issuer's initial public offering, the reporting person acquired a contractual right to receive restricted shares under the Plan within 30 days after the offering. These restricted shares are scheduled to vest 25% on each of the first four anniversaries of May 16, 2011 based on the satisfaction of certain performance conditions, in accordance with the terms of the Plan and an award agreement to be issued under the Plan.