Exhibit 99.5
Achieving Milestones
2016 Incentive Plan – Performance Goals
75 Stretch $158.70 60 Stretch $175
50 Target $138.00 40 Target $195
25 Minimum $117.30 20 Minimum $215
Below minimum: 0%
Minimum: 50%
At target: 100%
At or above stretch: 150%
SEC
15 Stretch .17
10 Tolerance .27
5 Minimum .37
HSE Performance
STONE
Achieving Milestones
EBITDA - Target 50 points
Performance Level Q1 ($MM) Q2 ($MM) Q3 ($MM) Q4 ($MM)
Full Year EBITDA ($MM)
Maximum $30.02 $40.36 $43.24 $45.08 $158.70
Target $26.10 $35.10 $37.60 $39.20 $138.00
Threshold $22.19 $29.83 $31.96 $33.32 $117.30
Target EBITDA Calculation
Pre-Tax Income
+ Interest Expense
+DD&A and Accretion
+Rig Expenses (shifted to Capital Spend)
+Non-recurring
= EBITDA for Target
STONE
Achieving Milestones
Capital Expenditure - Target 40 points
Performance Level Q1 ($MM) Q2 ($MM) Q3 ($MM) Q4 ($MM) Full Year CAPEX ($MM)
Maximum $75.18 $37.94 $27.27 $34.61 $175.00
Target $83.65 $42.32 $30.42 $38.61 $195.00
Threshold $92.35 $46.61 $33.51 $42.53 $215.00
Target Capital Expenditure Calculation
Capital Expenditures +Rig Expenses (shifted from EBITDA)
= Capital Expenditure Target
STONE
Achieving Milestones
Safety - Target 10 points
Safety # of Events
Injuries
Third Party Recordables 20% 0
SGY & Contractor Recordables 30% 0
SGY, Contractor, 3rd Party DART 50% 0
50% of safety score will be calculated in final score
Spills
Environment # of Events
Less than 10 gal 20% 0
Between 10 gal & 1 bbl 30% 0
Greater than 1 bbl 50% 0
30% of environment score will be calculated in final score
Fines
Compliance # of Events
Less than $1k 20% 0
Between $1k & $25k 30% 0
Greater than $25k 50% 0
20% of compliance score will be calculated in final score
2016 SEC Proposal
Safety 50% 0.00
HSE Score 0.00
Environment 30% 0.00
Compliance 20% 0.00
SCORE
Stretch .17
10 Tolerance .27
Minimum .37
same for each quarter
4
STONE
ENERGY
STONE ENERGY CORPORATION 2016 PERFORMANCE INCENTIVE PLAN
QUARTERLY REPORT ON GOALS
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 1Q | | | 2Q | | | 3Q | |
| | | | | Actual | | | Points | | | Actual | | | Points | | | Actual | | | Points | |
| | | | | | | |
| | EBITDA | | $ | 42.29 | | | | 75 | | | $ | 38.64 | | | | 67 | | | $ | 48.84 | | | | 75 | |
| | CAP EX | | $ | 86.73 | | | | 33 | | | $ | 43.08 | | | | 36 | | | $ | 43.51 | | | | 0 | |
| | HSE | | | 0.02 | | | | 15 | | | | 0.16 | | | | 15 | | | | 0.27 | | | | 10 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
TOTAL POINTS EARNED | | | | | | | | | 123 | | | | | | | | 118 | | | | | | | | 85 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
TOTAL POINTS APPROVED | | | | | | | | | 123 | | | | | | | | 118 | | | | | | | | 60 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
2016 Director Gift Match Program Summary
| | | | | | | | | | | | | | | | |
| | | Budget | | | Contribution | | | Match | | | Balance | |
David Lawrence | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Christmas, George R. | | $ | 10,000.00 | | | $ | 1,667.00 | | | $ | 1,000.00 | | | $ | 9,000.00 | |
| | | | |
Duplantis, B.J. | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Kinnear, Peter | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Laborde, John | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Murley, Bob | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Powell, Don | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Pattarozzi, Richard A. | | $ | 10,000.00 | | | $ | 13,800.00 | | | $ | 10,000.00 | | | $ | — | |
| | | | |
Priestly, Kay | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | |
Phyllis Taylor | | $ | 10,000.00 | | | $ | — | | | $ | — | | | $ | 10,000.00 | |
| | | | | | | | | | | | | | | | |
Grand Total | | $ | 100,000.00 | | | $ | 15,467.00 | | | $ | 11,000.00 | | | $ | 89,000.00 | |
