McCauley Jennifer N. 4
4 · SOUTHWESTERN ENERGY CO · Filed Feb 28, 2019
Insider Transaction Report
Form 4
McCauley Jennifer N.
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2019-02-27$4.29/sh−18,360$78,764→ 36,447 total - Award
Restricted Stock Unit
2019-02-26+72,740→ 72,740 total→ Common Stock (72,740 underlying) - Exercise/Conversion
Common Stock
2019-02-27+18,360→ 54,807 total - Exercise/Conversion
Restricted Stock Unit
2019-02-27−18,360→ 55,080 totalExercise: $0.00→ Common Stock (18,360 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") has the economic equivalent of one share of Southwestern Energy Company ("SWN") common stock. The RSUs vesting on February 27, 2019 were settled in cash based on the closing price of SWN common stock on the vesting date.
- [F2]On February 27, 2018, the reporting person was granted 73,440 RSUs, vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control. Vesting RSUs will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.
- [F3]Each RSU represents a contingent right to receive one share of SWN common stock or an amount in cash equal to the Fair Market Value of one share of SWN common stock.
- [F4]On February 26, 2019, the reporting person was granted RSUs, vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with the required years of service, or a change in control. Vesting RSUs will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.