SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Levy James R.
(Last) (First) (Middle)
C/O WARBURG PINCUS LLC
450 LEXINGTON AVENUE
(Street)
NEW YORK NY 10017
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Laredo Petroleum, Inc. [ LPI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/18/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share (''Common Stock'') 11/18/2020 S(1) 261,113(1) D $11.85(6)(10) 2,297,392 I See footnote(3)(4)(5)
Common Stock 11/18/2020 S(1) 44,640(1) D $12.2(7)(10) 2,252,752 I See footnote(3)(4)(5)
Common Stock 11/19/2020 S(2) 172,690(2) D $10.89(8)(10) 2,080,062 I See footnote(3)(4)(5)
Common Stock 11/19/2020 S(2) 7,310(2) D $11.4(9)(10) 2,072,752 I See footnote(3)(4)(5)
Common Stock 17,009 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On November 18, 2019, Warburg Pincus Private Equity IX L.P., a Delaware limited partnership ("WP IX"), sold an aggregate of 305,753 Shares (the "Sale") at a price of $11.9013 per share.
2. On November 19, 2019, Warburg Pincus Private Equity IX L.P., a Delaware limited partnership ("WP IX"), sold an aggregate of 180,000 Shares (the "Sale") at a price of $10.9065 per share.
3. The Warburg Pincus entities are (i) Warburg Pincus Private Equity IX, L.P., a Delaware limited partnership ("WP IX"), including an affiliated partnership, (ii) Warburg Pincus Private Equity X O&G, L.P., a Delaware limited partnership ("WP X O&G"), and (iii) Warburg Pincus X Partners, L.P., a Delaware limited partnership ("WP X Partners"). Warburg Pincus IX GP L.P., a Delaware limited partnership ("WP IX GP"), is the general partner of WP IX. Warburg Pincus X, L.P., a Delaware limited partnership ("WP X GP"), is the general partner of each of WP X O&G and WP X Partners. Warburg Pincus X GP L.P., a Delaware limited partnership ("WP X LP"), is the general partner of WP X GP, WPP GP LLC, a Delaware limited liability company ("WPP GP"), is the general partner of WP IX GP and WP X GP.
4. Warburg Pincus Partners, L.P., a Delaware limited partnership ("WP Partners"), is the managing member of WPP GP. Warburg Pincus Partners GP LLC, a Delaware limited liability company ("WP Partners GP"), is the general partner of WP Partners. Warburg Pincus & Co., a New York general partnership ("WP"), is the managing member of WP Partners GP. Warburg Pincus LLC, a New York limited liability company ("WP LLC"), manages each of WP IX, WP X O&G and WP X Partners. The address of the Warburg Pincus entities is 450 Lexington Avenue, New York, New York 10017.
5. James R. Levy is a director of the Issuer, a Partner of WP and a Member and Managing Director of WP LLC. All shares indicated as owned by Mr. Levy are included because of his affiliation with the Warburg Pincus entities. Mr. Levy disclaims beneficial ownership of all shares held by the Warburg Pincus entities.
6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.120 to $12.115 per share, inclusive.
7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.120 to $12.295 per share, inclusive.
8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.390 to $11.380 per share, inclusive.
9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.390 to $11.430 per share, inclusive.
10. Mr. Levy undertakes to provide, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (6) through (9) to this Form 4.
Remarks:
*** The Power of Attorney given by Mr. Levy was previously filed with the U.S. Securities and Exchange Commission on October 12, 2016 as an exhibit to the Form 4 filed by Mr. Levy with respect to Antero Resources Corporation and is hereby incorporated by reference.
/s/ Robert B. Knauss, as attorney-in-fact *** for James R. Levy 11/20/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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