4//SEC Filing
Hancock Michael E 4
Accession 0001127602-21-008952
CIK 0000007332other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 9:56 PM ET
Size
26.5 KB
Accession
0001127602-21-008952
Insider Transaction Report
Form 4
Hancock Michael E
Vice President and Interim CFO
Transactions
- Tax Payment
Common Stock
2021-02-26$4.05/sh−3,399$13,766→ 20,152 total - Tax Payment
Common Stock
2021-02-26$4.05/sh−2,175$8,809→ 9,592 total - Exercise/Conversion
Common Stock
2021-02-27+9,015→ 29,167 total - Tax Payment
Common Stock
2021-02-27$4.05/sh−2,196$8,894→ 26,971 total - Exercise/Conversion
Common Stock
2021-02-26+13,959→ 23,551 total - Tax Payment
Common Stock
2021-02-26$4.05/sh−5,490$22,235→ 44,019 total - Exercise/Conversion
Restricted Stock Unit
2021-02-26−8,930→ 17,860 total→ Common Stock (8,930 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-02-26−13,959→ 68,871 total→ Common Stock (13,959 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-02-27−9,015→ 9,015 total→ Common Stock (9,015 underlying) - Award
Restricted Stock Unit
2021-02-23+50,900→ 50,900 totalExercise: $0.00→ Common Stock (50,900 underlying) - Exercise/Conversion
Common Stock
2021-02-26+8,930→ 11,757 total - Award
Common Stock
2021-02-26+22,538→ 49,509 total
Holdings
- 477.581(indirect: By 401(k))
Common Stock
Footnotes (7)
- [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, 2021 and February 27, 2021 were settled in common stock based on the closing price of SWN common stock on the vesting date.
- [F2]Distribution to reporting person of Issuer's common stock pursuant to Performance Unit Award Agreement dated February 27, 2018.
- [F3]Each restricted stock unit 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 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 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.
- [F5]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.
- [F6]On February 27, 2018, 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. Vesting units will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.
- [F7]On February 23, 2021, the reporting person was granted restricted stock units, vesting in three 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 units will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash.
Documents
Issuer
SOUTHWESTERN ENERGY CO
CIK 0000007332
Entity typeother
Related Parties
1- filerCIK 0001839196
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 9:56 PM ET
- Size
- 26.5 KB