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    Laredo Petroleum Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    11/13/23 4:46:55 PM ET
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    Get the next $LPI alert in real time by email
    false 0001528129 0001528129 2023-11-13 2023-11-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT PURSUANT TO

    SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

     

    Date of report (Date of earliest event reported): November 13, 2023

     

    VITAL ENERGY, INC.

    (Exact name of registrant as specified in charter)

     

    Delaware 001-35380 45-3007926
    (State or other jurisdiction of incorporation or
    organization)
    (Commission File Number) (I.R.S. Employer Identification No.)

     

    521 E. Second Street, Suite 1000, Tulsa, Oklahoma 74120
    (Address of principal executive offices) (Zip Code)

     

    Registrant’s telephone number, including area code: (918) 513-4570

     

    Not Applicable

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Exchange Act:

     

    Title of each class   Trading Symbol   Name of each exchange on which registered
    Common stock, $0.01 par value   VTLE   New York Stock Exchange

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

    Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On November 13, 2023, Vital Energy, Inc. (the “Company”) announced that the Board of Directors of the Company has appointed Kathryn A. Hill as Senior Vice President – Chief Operating Officer of the Company, effective as of November 13, 2023. Ms. Hill, age 36, has over 15 years of experience in the energy exploration and production industry and most recently served as the Company’s Vice President – Operations since September 2022. Previously, Ms. Hill served as Senior Vice President – Operations of Javelin Energy Partners, LLC from June 2020 to August 2022. Prior to that, Ms. Hill served in various engineering and operational roles at Chesapeake Energy, Inc. from 2012 until June 2020, most recently as Production and Infrastructure Manager from February 2020 until June 2020. Ms. Hill started her career with BP in 2008 in various onshore and offshore engineering roles.

     

    Ms. Hill received her Bachelor of Engineering in Mechanical Engineering from the University of Michigan in 2009 and her Master of Science in Mechanical Engineering from the University of Michigan in 2012.

     

    In connection with her appointment, Ms. Hill’s annual base salary will be increased to $425,000 and her short-term incentive cash target (as a percentage of base salary) will be increased to 85%. In addition, in connection with her appointment, on November 13, 2023 Ms. Hill received a grant of restricted stock awards worth $250,000, which will vest in equal installments over a three-year period.

     

    Item 9.01Financial Statements and Exhibits.

     

    (d) Exhibits.

     

    Exhibit Number   Description
    99.1   Press release dated November 13, 2023 announcing appointment of Ms. Hill.
    104   Cover Page Interactive Data File (formatted as Inline XBRL).

     

    2

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

        VITAL ENERGY, INC.  
       
    Date: November 13, 2023 By: /s/ Bryan J. Lemmerman
        Bryan J. Lemmerman
        Senior Vice President and Chief Financial Officer

     

     

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