PENN VIRGINIA CORP 4
4 · PENN VIRGINIA CORP · Filed May 8, 2015
Insider Transaction Report
Form 4
WHITEHEAD H BAIRD
Exec. VP & COO
Transactions
- Exercise/Conversion
Common Stock ($0.01 par value)
2015-05-06+27,063→ 209,449 total - Exercise/Conversion
Restricted Stock Units
2015-05-06+27,063→ 54,126 totalExercise: $0.00From: 2015-05-06Exp: 2015-05-06→ Common Stock ($0.01 par value) (27,063 underlying) - Award
Restricted Stock Units
2015-05-07+197,761→ 197,761 totalExercise: $0.00→ Common Stock ($0.01 par value) (197,761 underlying) - Tax Payment
Common Stock ($0.01 par value)
2015-05-06$6.18/sh−13,935$86,118→ 195,514 total - Award
Non-qualified stock options
2015-05-07+168,270→ 168,270 totalExercise: $6.03Exp: 2025-05-06→ Common Stock ($0.01 par value) (168,270 underlying)
Holdings
- 4,710(indirect: By 401(k))
Common Stock ($0.01 par value)
- 8,191(indirect: SERP)
Common Stock ($0.01 par value)
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.
- [F2]The options become exercisable in three equal annual installments on May 7, 2016, 2017 and 2018, respectively, subject to the terms of the Issuer's 2013 Amended and Restated Long-Term Incentive Plan (the "Plan").
- [F3]The restricted stock units will vest in three equal installments on May 7, 2016, 2017 and 2018, respectively, subject to the terms of the Plan.