4//SEC Filing
Kurtz Richard Jason 4
Accession 0001127602-22-007104
CIK 0000007332other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:38 PM ET
Size
24.3 KB
Accession
0001127602-22-007104
Insider Transaction Report
Form 4
Kurtz Richard Jason
Vice President
Transactions
- Award
Common Stock
2022-02-26+61,906→ 156,653 total - Exercise/Conversion
Common Stock
2022-02-26+11,905→ 168,558 total - Disposition to Issuer
Common Stock
2022-02-26$4.96/sh−11,905$59,049→ 156,653 total - Exercise/Conversion
Common Stock
2022-02-26+17,728→ 174,381 total - Disposition to Issuer
Common Stock
2022-02-26$4.96/sh−17,728$87,931→ 156,653 total - Exercise/Conversion
Common Stock
2022-02-27+10,668→ 167,321 total - Disposition to Issuer
Common Stock
2022-02-27$4.96/sh−10,668$52,913→ 156,653 total - Award
Restricted Stock Unit
2022-02-22+45,870→ 45,870 total→ Common Stock (45,870 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-02-26−11,905→ 11,905 total→ Common Stock (11,905 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-02-26−17,728→ 74,092 total→ Common Stock (17,728 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-02-27−10,668→ 0 total→ Common Stock (10,668 underlying)
Footnotes (7)
- [F1]Distribution to reporting person of Issuer's common stock pursuant to Performance Unit Award Agreement dated February 26, 2019.
- [F2]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, 2022 and February 27, 2022 were settled in cash based on the closing price of SWN common stock on February 25, 2022.
- [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 22, 2022, 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.
- [F5]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.
- [F6]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.
- [F7]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.
Documents
Issuer
SOUTHWESTERN ENERGY CO
CIK 0000007332
Entity typeother
Related Parties
1- filerCIK 0001732476
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:38 PM ET
- Size
- 24.3 KB