Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c),(e) On
In connection with the appointment of
In addition, the Compensation Committee approved a long-term incentive grant to
• 60% in performance units, with the resulting number of units calculated as of the grant date ofJanuary 4, 2021 based on the closing price of EOG's Common Stock on theNew York Stock Exchange (NYSE) on such date, • 25% in restricted stock, with the resulting number of shares calculated as of the grant date ofJanuary 4, 2021 based on the closing price of EOG's Common Stock on the NYSE on such date, and • 15% in stock-settled stock appreciation rights (SARs), with an exercise price equal to the closing price of EOG's Common Stock on the NYSE on theJanuary 4, 2021 grant date (and taking into account a restricted stock-to-SAR ratio of 2.45-to-1 consistent with Section 4.2(c)(ii) of the Amended and Restated EOG Resources, Inc. 2008 Omnibus Equity Compensation Plan (2008 Plan)),
in each case, under the terms of the 2008 Plan and subject to EOG's standard
vesting and termination provisions for such grants. The grants of performance
units, restricted stock and SARs will be reported on a Form 4 to be filed by
The press release announcing the appointment of
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits 99.1 Press Release ofEOG Resources, Inc. datedJanuary 4, 2021 . 104 Cover Page Interactive Data File (formatted as Inline XBRL). 2
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