Williams Nancy I 4
4 · PLAINS EXPLORATION & PRODUCTION CO · Filed Apr 2, 2013
Insider Transaction Report
Form 4
Williams Nancy I
VP-Acctg,Controller & CAO
Transactions
- Tax Payment
Common Stock
2013-03-31$47.47/sh−4,527$214,897→ 84,032 total - Disposition to Issuer
Common Stock
2013-03-31$47.05/sh−5,626$264,703→ 84,032 total - Exercise/Conversion
Common Stock
2013-03-31+5,626→ 89,658 total - Exercise/Conversion
Restricted Stock Units
2013-03-31−5,626→ 19,374 total→ Common Stock (5,626 underlying)
Footnotes (2)
- [F1]Represents cash-settled restricted stock units, the value of which is equivalent to the average trading price of PXP common stock for the five trading days prior to vesting.
- [F2]Of the remaining 19,374 cash-settled restricted stock units, 22.5% will vest on each of March 31, 2014 and March 31, 2015 and 16.25% will vest on each of March 31, 2016 and March 31, 2017.