Black Bonnie S. 4
4 · PIONEER NATURAL RESOURCES CO · Filed May 3, 2024
Insider Transaction Report
Form 4
Black Bonnie S.
VP, Drilling
Transactions
- Award
Common Stock
2024-05-03+10,291→ 25,623 total - Disposition to Issuer
Common Stock
2024-05-03−25,623→ 0 total
Footnotes (2)
- [F1]Pioneer Natural Resources Company, a Delaware corporation ("Pioneer"), ExxonMobil Corporation, a New Jersey Corporation ("ExxonMobil), and SPQR, LLC, a Delaware limited liability company and a wholly-owned subsidiary of ExxonMobil (Merger Sub") are parties to the Agreement and Plan of Merger, dated as of October 10, 2023 (the "Merger Agreement"), pursuant to which, among other things, Merger Sub merged with and into Pioneer (the "Merger"). Pursuant to the Merger Agreement, these performance units of Pioneer were fully accelerated assuming maximum level of performance immediately prior to the effective time of the Merger.
- [F2]At the effective time of the Merger, each share, each outstanding restricted stock unit and each performance unit were cancelled and converted into the right to receive 2.3234 shares of ExxonMobil common stock.