Carrell Clayton A. 4
4 · SOUTHWESTERN ENERGY CO · Filed Feb 23, 2024
Insider Transaction Report
Form 4
Carrell Clayton A.
Executive Vice President & COO
Transactions
- Tax Payment
Common Stock
2024-02-21$7.10/sh−28,108$199,567→ 1,204,106 total - Exercise/Conversion
Common Stock
2024-02-22+90,420→ 1,294,526 total - Award
Restricted Stock Units
2024-02-21+444,100→ 444,100 total→ Common Stock (444,100 underlying) - Exercise/Conversion
Common Stock
2024-02-21+71,430→ 1,232,214 total - Tax Payment
Common Stock
2024-02-22$7.02/sh−35,581$249,779→ 1,258,945 total - Exercise/Conversion
Restricted Stock Unit
2024-02-21−71,430→ 142,860 total→ Common Stock (71,430 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-22−90,420→ 90,420 total→ Common Stock (90,420 underlying)
Footnotes (6)
- [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 21, 2024 and February 22, 2024 were settled in common stock based on the closing price of SWN common stock on the vesting date.
- [F2]Represents net share settlement of common stock award to satisfy withholding taxes.
- [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 21, 2024 the reporting person was granted Restricted Stock Units (RSUs), vesting in three 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 double-trigger 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 21, 2023, 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.
- [F6]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.