PDC ENERGY, INC. 4
4 · PDC ENERGY, INC. · Filed Jan 19, 2017
Insider Transaction Report
Form 4
PDC ENERGY, INC.PDCE
HONEYFIELD DAVID W
CFO & SVP
Transactions
- Award
Stock Appreciation Rights
2017-01-17+7,962→ 7,962 totalExercise: $74.57Exp: 2027-01-17→ Common Stock (7,962 underlying) - Award
Performance Share Units
2017-01-17+4,128→ 4,128 totalExp: 2019-12-31→ Common Stock (4,128 underlying)
Footnotes (2)
- [F1]The Stock Appreciation Rights ("SARs") become exercisable in three pro rata installments on December 28, 2017, December 28, 2018, and January 17, 2020.
- [F2]Each performance share unit represents a contingent right to receive 0-200% of that number in shares of PDCE common stock. The amount reported represents the "target" number. The performance share units vest upon continued employment and achievement of specified thresholds of total shareholder return (TSR) compared to certain peers, as measured on December of 2019 and as described in the related grant agreement.