4//SEC Filing
REX ENERGY CORP 4
Accession 0001181431-14-039013
CIK 0001397516operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 5:39 PM ET
Size
23.5 KB
Accession
0001181431-14-039013
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
HIGBEE JOHN W
Director
Transactions
- Exercise/Conversion
Phantom Stock
2014-12-12$5.15/sh+1,098$5,655→ 6,085 totalFrom: 2014-12-12Exp: 2014-12-12→ Common Stock (1,098 underlying) - Exercise/Conversion
Phantom Stock
2014-12-14$5.18/sh+1,474$7,635→ 4,611 totalFrom: 2014-12-14Exp: 2014-12-14→ Common Stock (1,474 underlying) - Award
Phantom Stock
2014-12-15+8,714→ 12,645 total→ Common Stock (8,714 underlying) - Award
Common Stock
2014-12-15$4.59/sh+13,072$60,000→ 53,854 total - Exercise/Conversion
Common Stock
2014-12-15+680→ 40,782 total - Exercise/Conversion
Common Stock
2014-12-12+1,098→ 40,782 total - Disposition to Issuer
Common Stock
2014-12-12−1,098→ 40,782 total - Exercise/Conversion
Common Stock
2014-12-14+1,474→ 40,782 total - Disposition to Issuer
Common Stock
2014-12-14−1,474→ 40,782 total - Disposition to Issuer
Common Stock
2014-12-15−680→ 40,782 total - Exercise/Conversion
Phantom Stock
2014-12-15$5.18/sh+680$3,522→ 3,931 totalFrom: 2014-12-15Exp: 2014-12-15→ Common Stock (680 underlying)
Footnotes (5)
- [F1]This filing represents the deemed conversion of phantom stock into cash. On December 12, 2014, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 12, 2012. Each share of phantom stock was the economic equivalent of one share of REXX common stock. The phantom shares were settled in cash valued at $5.15 per share, based on the market closing price on December 11, 2014. No shares were actually issued, converted, or sold in connection with this transaction.
- [F2]This filing represents the deemed conversion of phantom stock into cash. On December 14, 2014, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 14, 2011. Each share of phantom stock was the economic equivalent of one share of REXX common stock. The phantom shares were settled in cash valued at $5.18 per share, based on the market closing price on December 12, 2014. No shares were actually issued, converted, or sold in connection with this transaction.
- [F3]This filing represents the deemed conversion of phantom stock into cash. On December 15, 2014, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 15, 2013. Each share of phantom stock was the economic equivalent of one share of REXX common stock. The phantom shares were settled in cash valued at $5.18 per share, based on the market closing price on December 12, 2014. No shares were actually issued, converted, or sold in connection with this transaction.
- [F4]Represents shares of restricted stock granted pursuant to the Issuer's 2007 Long-Term Incentive Plan, as amended. Shares vest pro rata on September 1, 2015; September 1, 2016; and September, 1, 2017.
- [F5]Represents shares of phantom stock granted pursuant to the Issuer's 2007 Long-Term incentive Plan, as amended, that are the economic equivalent of shares of common stock. The shares of phantom stock are payable in cash upon vesting in accordance with the vesting schedule described in footnote 4.
Documents
Issuer
REX ENERGY CORP
CIK 0001397516
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001397516
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 5:39 PM ET
- Size
- 23.5 KB