4//SEC Filing
WHITHAM BARTH E 4
Accession 0000899243-21-012331
CIK 0001108827other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 8:34 PM ET
Size
6.9 KB
Accession
0000899243-21-012331
Insider Transaction Report
Form 4
WHITHAM BARTH E
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2021-03-17−113,890.83→ 0 total→ Common Stock (113,890.83 underlying)
Footnotes (2)
- [F1]On March 17, 2021, pursuant to the Agreement and Plan of Merger dated as of December 20, 2020 (the "Merger Agreement"), by and among Diamondback Energy, Inc. ("Diamondback"), Bohemia Merger Sub Inc., a wholly owned subsidiary of Diamondback ("Merger Sub"), and QEP Resources, Inc. ("QEP"), Merger Sub merged with and into QEP (the "Merger") with QEP surviving the Merger as a wholly-owned subsidiary of Diamondback. Pursuant to the Merger Agreement, each share of QEP common stock issued and outstanding immediately prior to the effective time of the Merger (the "Effective Time") (subject to certain exceptions) was converted into the right to receive 0.05 shares of Diamondback common stock (the "Exchange Ratio").
- [F2]Pursuant to the Merger Agreement, at the Effective Time, any compensation deferred by directors and deemed notionally invested in QEP common stock pursuant to any QEP deferred compensation plan became fully vested and converted into and deemed notionally invested in a number of shares of Diamondback common stock equal to the product of (A) the total number of shares of QEP common stock subject to such award immediately prior to the Effective Time multiplied by (B) the exchange ratio. Such deferred compensation will be paid in cash promptly following the effective date of the Merger (but not later than the time in which payment is required under the applicable QEP deferred compensation plan).
Documents
Issuer
QEP RESOURCES, INC.
CIK 0001108827
Entity typeother
Related Parties
1- filerCIK 0001227703
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 8:34 PM ET
- Size
- 6.9 KB