5//SEC Filing
SOUTHWESTERN ENERGY CO 5
Accession 0001127602-17-005674
CIK 0000007332operating
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 9:35 AM ET
Size
15.0 KB
Accession
0001127602-17-005674
Insider Transaction Report
Form 5
RATHERT TERRY W
Director
Transactions
- Other
Common Stock
2016-07-01$12.82/sh+456$5,847→ 6,113 total(indirect: By Partnership) - Other
Common Stock
2016-04-01$8.91/sh+657$5,853→ 5,657 total(indirect: By Partnership) - Other
Common Stock
2016-10-01$13.19/sh+444$5,855→ 6,557 total(indirect: By Partnership)
Holdings
- 16,190
Common Stock
- 7,500(indirect: By Partnership)
Depositary Shares (series B Mandatory Preferred Interest)
→ Common Stock (13,875.75 underlying) - 5,965
Stock Options (Right to Buy)
Exercise: $30.59From: 2015-12-04Exp: 2021-12-04→ Common Stock (5,965 underlying) - 18,170
Stock Options (Right to Buy)
Exercise: $7.74From: 2016-12-04Exp: 2022-12-04→ Common Stock (18,170 underlying)
Footnotes (5)
- [F1]On March 16, 2016, the Issuer declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on April 15, 2016, to holders of record on April 1, 2016. The dividend was paid in shares of common stock based on the Volume Weighted Average Price per share over the five consecutive trading day period ending on the second trading day immediately preceding the applicable dividend payment day, multiplied by 97%.
- [F2]On June 14, 2016, the Issuer declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on July 15, 2016, to holders of record on July 1, 2016. The dividend was paid in shares of common stock based on the Volume Weighted Average Price per share over the five consecutive trading day period ending on the second trading day immediately preceding the applicable dividend payment day, multiplied by 97%.
- [F3]On September 21, 2016, the Issuer declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on October 17, 2016, to holders of record on October 1, 2016. The dividend was paid in shares of common stock based on the Volume Weighted Average Price per share over the five consecutive trading day period ending on the second trading day immediately preceding the applicable dividend payment day, multiplied by 97%.
- [F4]Each Depositary Share represents a 1/20th interest in a share of the Issuer's 6.25% Series B Mandatory Convertible Preferred Stock, $0.01 par value per share (the "Series B Preferred Stock"). At any time prior to January 15, 2018, a holder of 20 Depositary Shares may cause the conversion of one share of the Series B Preferred Stock into a number of shares of the Issuer's Common Stock equal to the minimum conversion rate of 37.0028, subject to adjustments for certain fundamental changes (as defined). Thus, each Depositary Share will convert into 1.85014 shares of Common Stock, subject to adjustment. On approximately January 15, 2018, the Depositary Shares mandatorily convert to Common Stock at a conversion rate ranging from 1.85014 to 2.1739 shares of Common Stock per Depositary Share (or a Series B Preferred Stock to Common Stock conversion rate ranging from 37.0028 to 43.4782 shares), subject to adjustment.
- [F5]Nonqualified stock options become exercisable in three equal installments beginning on the first anniversary of the grant date specified in Column 3 or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control.
Documents
Issuer
SOUTHWESTERN ENERGY CO
CIK 0000007332
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000007332
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 9:35 AM ET
- Size
- 15.0 KB