X0306 4 2014-08-15 0 0000894627 VAALCO ENERGY INC /DE/ EGY 0001448249 Hullinger Gregory R 4600 POST OAK PLACE DRIVE SUITE 309 HOUSTON TX 77027 0 1 0 0 Chief Financial Officer Common Stock 2014-08-15 4 M 0 113500 4.28 A 113500 D Common Stock 2014-08-15 4 F 0 80729 8.25 D 32771 D Non Qualified Stock Option (Right to Buy) 4.28 2014-08-15 4 M 0 113500 0 D 2015-03-03 Common Stock 113500 0 D The options vested 1/3 on each of 03/03/2010, 2011, 2012 The Reporting Person exercised 113,500 non-statutory options. The Reporting Person executed a cashless exercise to effectuate the transaction. The cashless exercise resulted in a net gain of 32,771 shares of directly held common stock. To cover the cost of the options and associated taxes the Issurer withheld 80,729 shares. //Gregory R. Hullinger 2014-08-18
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