Lacy Christopher W 4
4 · SOUTHWESTERN ENERGY CO · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Lacy Christopher W
VP-General Counsel & Secretary
Transactions
- Exercise/Conversion
Common Stock
2024-02-23+19,087→ 126,268 total - Tax Payment
Common Stock
2024-02-23$6.91/sh−4,648$32,118→ 121,620 total - Exercise/Conversion
Restricted Stock Unit
2024-02-23−19,087→ 0 total→ Common Stock (19,087 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 23, 2024 and February 26, 2024 were settled in SWN 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 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.