4//SEC Filing
QEP RESOURCES, INC. 4
Accession 0001181431-10-036344
CIK 0001108827operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 2:18 PM ET
Size
11.1 KB
Accession
0001181431-10-036344
Insider Transaction Report
Form 4
HARMON JAMES A
Director
Transactions
- Other
Stock Option
2010-07-01+14,000→ 14,000 totalExercise: $9.19From: 2003-08-11Exp: 2013-02-11→ Common Stock (14,000 underlying)
Holdings
- 102,403
Common Stock, $0.01 par value
- 9,791.74
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (9,791.74 underlying) - 4,000(indirect: By Foundation)
Common Stock, $0.01 par value
- 2,836.281
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (2,836.281 underlying)
Footnotes (4)
- [F1]On June 30, 2010 (the "Distribution Date"), Questar Corporation ("Questar") consummated the spin-off of its wholly owned subsidiary, QEP Resources, Inc. ("QEP"), by distributing all of the shares of QEP that it owned to Questar shareholders of record as of the close of business on June 18, 2010 (the "Record Date"). The distribution was made to the Questar shareholders on a pro rata basis by means of a share dividend pursuant to which each shareholder received 1 share of QEP common stock for every 1 share of Questar common stock held by such shareholder. These shares were acquired as a result of the dividend.
- [F2]In connection with the spin-off, each holder as of the Record Date of Questar phantom stock units that remained outstanding immediately prior to the Distribution Date received 1 share of QEP phantom stock unit for every 1 share of Questar phantom stock unit held by such holder. Each QEP phantom stock unit has the same vesting schedule as in effect for the corresponding Questar phantom stock unit.
- [F3]Vested shares of phantom stock units will be payable in cash within 60 days upon the earlier of the reporting person's (i) separation from service from QEP, (ii) death or (iii) disability pursuant to the QEP Resources, Inc. Deferred Compensation Plan for Directors.
- [F4]This option was originally granted to the reporting person by Questar. In connection with the spin-off, this option was split into options to acquire Questar common stock and QEP common stock in accordance with that certain Employee Matters Agreement dated June 14, 2010 between Questar and QEP.
Documents
Issuer
QEP RESOURCES, INC.
CIK 0001108827
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001108827
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 2:18 PM ET
- Size
- 11.1 KB