12 Feb 2010substantial holder notice● Neutral
Renaissance Technologies increased its VAALCO stake slightly to 6.9%.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 Jan 2010substantial holder notice● Neutral
BlackRock, Inc. disclosed a substantial VAALCO shareholding of 4,108,847 shares (7.26% of votes).
12 Jan 2010director interest notice● Neutral
Director Arne Nielsen exercised 50,000 options at $3.85 in a cashless exercise, with the company withholding 41,848 shares, for a net gain of 8,152 shares.
12 Jan 2010director interest notice● Neutral
Corporate Secretary Gayla Cutrer exercised 57,300 options at $3.85 in a cashless exercise, with the company withholding 51,942 shares, for a net gain of 5,358 shares.
8 Jan 2010director interest notice● Neutral
CEO Robert Gerry exercised 250,000 options at $3.85 in a cashless exercise, with the company withholding 231,646 shares, for a net gain of 18,354 shares.
31 Dec 2009director interest notice● Neutral
President Russell Scheirman exercised 300,000 options at $3.85 in a cashless exercise, with the company withholding 265,521 shares to cover cost and taxes, for a net gain of 34,479 shares.
29 Dec 2009director interest notice● Neutral
Corporate Secretary Gayla Cutrer exercised options over 4,700 shares at $3.85 on December 24 and 28, 2009, and sold the same 4,700 shares at $4.85.
28 Dec 2009director interest notice● Neutral
Director William Farish exercised 50,000 options at $3.85, which were due to expire in January 2010, and held 150,000 shares afterwards; no sale was reported.
28 Dec 2009director interest notice● Neutral
CEO Robert Gerry exercised 250,000 options at $3.85 that were due to expire in January 2010, leaving him with about 1.71 million shares; no sale was reported.
22 Dec 2009director interest notice● Neutral
Corporate Secretary Gayla Cutrer exercised options over 20,000 shares at $3.85 and sold 20,000 shares at $4.85 on December 18, 2009.
8 Dec 2009director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Frederick W Brazelton bought 5,000 shares on the open market at $4.18.
1 Dec 2009other material event▲ Good
VAALCO negotiated an extension of its core Etame Marin exploration permit in Gabon to 2014, preserving its 30.35% interest in the block.
8 July 2009security holder rights change● Neutral
VAALCO's board redeemed the rights issued under its 2007 shareholder rights plan for a token $0.001-per-share payment, unwinding that earlier 'poison pill' - VAALCO would go on to adopt a second such plan in 2015 during its dispute with Group 42/BLR Partners.
30 June 2009other▲ Good
VAALCO authorized a share buyback program of up to $10 million of common stock.
16 Mar 2009annual report● Neutral
VAALCO's annual report for fiscal 2008, filed as global oil prices collapsed late in the year alongside the wider financial crisis.
2 Mar 2009bylaws amendment● Neutral
VAALCO amended its bylaws to fix typographical errors and add advance-notice requirements for stockholder proposals and director nominations - a governance tightening filed a few months after its 2008 lawsuit against activist investors Nanes Delorme Partners and Pilatus Energy.
13 Feb 2009substantial holder notice● Neutral
Renaissance Technologies (James Simons) disclosed a new 6.63% stake in VAALCO (3.93 million shares).
30 Jan 2009director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer Robert L Gerry III gifted 6,500 shares.
16 Jan 2009substantial holder notice● Neutral
Columbia Wanger Asset Management filed a closing Schedule 13G/A showing its VAALCO holding had fallen below 5% as of December 31, 2008.
21 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Gregory R Hullinger received a stock option grant for 10,000 shares.
20 Oct 2008director interest notice● Neutral
Gregory R Hullinger became a VAALCO ENERGY INC /DE/ Chief Financial Officer and company insider (initial ownership filing).
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Robert H Allen received a stock option grant for 30,000 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ Corporate Secretary Gayla M Cutrer received a stock option grant for 171,500 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Luigi P Caflisch received a stock option grant for 30,000 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Frederick W Brazelton received a stock option grant for 80,000 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Arne R Nielsen received a stock option grant for 30,000 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director William S Farish received a stock option grant for 30,000 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ President W Russell Scheirman II received a stock option grant for 312,400 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer Robert L Gerry III received a stock option grant for 378,600 shares.
14 Oct 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director O Don Chapoton received a stock option grant for 30,000 shares.