4//SEC Filing
Cecil James D 4
Accession 0001127602-20-008337
CIK 0000007332other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:07 PM ET
Size
17.0 KB
Accession
0001127602-20-008337
Insider Transaction Report
Form 4
Cecil James D
EVP - Corporate Development
Transactions
- Tax Payment
Common Stock
2020-02-27$1.30/sh−24,501$31,851→ 218,690 total - Exercise/Conversion
Common Stock
2020-02-26+81,847→ 184,826 total - Tax Payment
Common Stock
2020-02-26$1.41/sh−24,268$34,218→ 160,558 total - Exercise/Conversion
Common Stock
2020-02-27+82,633→ 243,191 total - Exercise/Conversion
Restricted Stock Unit
2020-02-26−81,847→ 245,543 total→ Common Stock (81,847 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-02-27−82,633→ 165,265 totalExercise: $0.00→ Common Stock (82,633 underlying) - Award
Restricted Stock Unit
2020-02-26+759,210→ 759,210 total→ Common Stock (759,210 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 26, 2020 and February 27, 2020 were settled in common stock based on the closing price of SWN common stock on the vesting date.
- [F2]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.
- [F3]On February 27, 2018, 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 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.
- [F4]On February 26, 2020, the reporting person was granted restricted stock units, 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. Each restricted stock unit that vests will entitle the holder to receive, payable in common stock or cash at the Compensation Committee's option, a value based on an adjusted stock price, calculated as the sum of (1) the closing stock price on the date of grant and (2) 50 percent of the difference between (a) the closing stock price on the date of vesting and (b) the closing stock price on the date of grant. If paid in stock, in no event will the number of shares of common stock delivered to the Participant exceed the number of restricted stock units granted to the participant.
Documents
Issuer
SOUTHWESTERN ENERGY CO
CIK 0000007332
Entity typeother
Related Parties
1- filerCIK 0001713956
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:07 PM ET
- Size
- 17.0 KB