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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bill Barrett Corp. (delisted) | NYSE:BBG | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.84 | 0.00 | 01:00:00 |
Delaware
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001-32367
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80-0000545
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(State or other jurisdiction
of incorporation)
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(Commission File No.)
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(IRS Employer Identification No.)
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1099 18th Street, Suite 2300
Denver, Colorado
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80202
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(Address of principal executive office)
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(Zip Code)
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(303) 293-9100
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(Registrant's telephone number, including area code)
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Not Applicable
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(Former name or former address, if changed since last report)
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¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Mr. Parnell will receive all obligations and benefits that have accrued or vested prior to the date of separation from his position with the Company (such date, the "Separation Date"), including salary, outstanding benefits, and reimbursement of business expenses.
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Mr. Parnell will receive a severance payment in the amount of $562,314, payable in cash in four equal quarterly installments.
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On the Separation Date, all unvested equity awards, with the exception of performance shares, will vest.
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Mr. Parnell will release and discharge the Company and certain of its related parties from any and all claims arising or occurring prior to and including the date of his execution of the Severance Agreement.
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Mr. Parnell will hold in strict confidence any confidential information related to the Company. Mr. Parnell also agreed to be subject to a non-disparagement covenant.
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Exhibit Number
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Description of Exhibit
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10.1
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Confidential Severance Agreement and Release dated April 7, 2016.
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99.1
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Letter to shareholders and annual report materials.
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Date:
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(April 7, 2016)
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BILL BARRETT CORPORATION
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By:
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/s/ Kenneth A. Wonstolen
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Kenneth A. Wonstolen
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Senior Vice President - General Counsel; and Secretary
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Exhibit Number
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Description of Exhibit
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10.1
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Confidential Severance Agreement and Release dated April 7, 2016.
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99.1
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Letter to shareholders and annual report materials.
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