Cobalt Annual Report 2015 - page 99

F-7
Cobalt International Energy, Inc.
Consolidated Statements of Changes in Stockholders’ Equity
Common
Stock
Additional
Paid-in
Capital
Accumulated
Deficit Total
($ in thousands)
Balance, December 31, 2012 ............................................................ $ 4,066 $ 3,612,987 $ (927,835) $ 2,689,218
Common stock issued for restricted stock and stock options............ 3 (3) — —
Equity based compensation............................................................... — 28,754 — 28,754
Exercise of stock options .................................................................. — 198 — 198
Net income (loss) .............................................................................. — — (589,024) (589,024)
Balance, December 31, 2013 ............................................................ $ 4,069 $ 3,641,936 $ (1,516,859) $ 2,129,146
Common stock issued for restricted stock and stock options............ 16 (16) — —
Equity based compensation............................................................... — 31,742 — 31,742
Exercise of stock options .................................................................. — 33 — 33
Common stock withheld for taxes on equity based compensation.... — (630) — (630)
Conversion option relating to 3.125% convertible senior notes due
2024, net of allocated costs ............................................................ — 464,738 — 464,738
Net income (loss) .............................................................................. — — (510,763) (510,763)
Balance, December 31, 2014 ............................................................ $ 4,085 $ 4,137,803 $ (2,027,622) $ 2,114,266
Common stock issued for restricted stock and stock options............ 3 (3) — —
Equity based compensation............................................................... — 26,297 — 26,297
Net income (loss) .............................................................................. — — (694,426) (694,426)
Balance, December 31, 2015 ............................................................ $ 4,088 $ 4,164,097 $ (2,722,048) $ 1,446,137
See accompanying notes.