Amidon Daniel Willson 4
4 · PDC ENERGY, INC. · Filed Jan 17, 2018
Insider Transaction Report
Form 4
PDC ENERGY, INC.PDCE
Amidon Daniel Willson
Corporate Secretary
Transactions
- Exercise/Conversion
Common Stock
2018-01-12+8,126→ 72,819 total - Tax Payment
Common Stock
2018-01-12$55.65/sh−3,574$198,893→ 69,245 total - Tax Payment
Common Stock
2018-01-13$55.65/sh−2,207$122,820→ 67,038 total - Exercise/Conversion
Performance Share Rights
2018-01-12−4,063→ 0 totalExp: 2017-12-31→ Common Stock (4,063 underlying)
Footnotes (2)
- [F1]Each performance share/right represented a contingent right to receive shares of PDC Energy, Inc. (the "Company") common stock upon achievement of specified minimum thresholds of total shareholder return (TSR) compared to certain peers measured in December of 2017, as described in the related grant agreement. Shares granted represented a 200% payout on previously awarded performance shares/rights.
- [F2]Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon vesting of shares of restricted stock.