4//SEC Filing
KARAM THOMAS F 4
Accession 0001104659-24-082341
CIK 0000033213other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 4:20 PM ET
Size
24.6 KB
Accession
0001104659-24-082341
Insider Transaction Report
Form 4
EQT CorpEQT
KARAM THOMAS F
Director
Transactions
- Tax Payment
Common Stock
2024-07-22$35.88/sh−33,504$1,202,124→ 249,552 total - Award
Restricted Stock Units
2024-07-22+4,210→ 4,210 total→ Common Stock (4,210 underlying) - Tax Payment
Common Stock
2024-07-22$35.88/sh−113,475$4,071,483→ 216,608 total - Award
Common Stock
2024-07-22+8,760→ 8,760 total(indirect: By Lakeside Drive Associates, Inc.) - Award
Deferred Compensation-Phantom Units
2024-07-22+1,713→ 5,745 total→ Common Stock (1,713 underlying) - Award
Common Stock
2024-07-22+470,301→ 719,853 total - Award
Common Stock
2024-07-22+7,008→ 7,008 total(indirect: By Mae Rose Partners, LP) - Award
Common Stock
2024-07-22+105,027→ 105,027 total - Award
Common Stock
2024-07-22+225,056→ 330,083 total - Award
Common Stock
2024-07-22+66,448→ 283,056 total - Tax Payment
Common Stock
2024-07-22$35.88/sh−237,127$8,508,117→ 482,726 total
Footnotes (14)
- [F1]On July 22, 2024 (the "Closing Date"), EQT Corporation ("EQT") completed its acquisition (the "Merger") of Equitrans Midstream Corporation ("Equitrans") pursuant to the Agreement and Plan of Merger, dated as of March 10, 2024 (the "Merger Agreement"), by and among EQT, certain of EQT's subsidiaries and Equitrans.
- [F10]Award represents compensation that is deferred until retirement.
- [F11]Received in exchange for 4,888 Equitrans phantom units in connection with the Merger.
- [F12]Includes accrued dividends.
- [F13]Each restricted stock unit represents a right to receive one share of EQT common stock.
- [F14]All of the restricted stock units granted to the reporting person on July 22, 2024 will vest on the date of EQT's 2025 Annual Meeting of Shareholders, subject to the conditions set forth in the award. Shares of EQT common stock will be delivered to the reporting person either upon vesting or, if the reporting person elected to defer receipt, following cessation of service as a director.
- [F2]Pursuant to the Merger Agreement, each issued and outstanding share of Equitrans common stock, excluding any Excluded Shares (as defined in the Merger Agreement), was converted into the right to receive 0.3504 shares of EQT common stock, with cash in lieu of fractional shares. On the Closing Date, the closing price of Equitrans common stock was $12.42 per share and the closing price of EQT common stock was $35.67 per share.
- [F3]Received in exchange for 299,736 shares of Equitrans common stock in connection with the Merger.
- [F4]Received in exchange for 642,280 shares of Equitrans restricted stock subject to time-based vesting conditions in connection with the Merger.
- [F5]Received in exchange for 189,630 Equitrans performance share units that are Company MVP PSU Awards (as defined in the Merger Agreement) in connection with the Merger.
- [F6]Received in exchange for 1,342,176 Equitrans performance share units that are not Company MVP PSU Awards in connection with the Merger.
- [F7]Received in exchange for 25,000 shares of Equitrans common stock in connection with the Merger.
- [F8]Received in exchange for 20,000 shares of Equitrans common stock in connection with the Merger.
- [F9]Each phantom unit is the economic equivalent of one share of EQT common stock.
Documents
Issuer
EQT Corp
CIK 0000033213
Entity typeother
Related Parties
1- filerCIK 0001183996
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 4:20 PM ET
- Size
- 24.6 KB