STEARNS ERIC R 4
4 · PETROLEUM DEVELOPMENT CORP · Filed Mar 6, 2009
Insider Transaction Report
Form 4
STEARNS ERIC R
Executive Vice President
Transactions
- Award
Restricted Common Stock
2009-03-04+16,101→ 91,584 total - Award
Performance Shares/Rights
2009-03-04+7,179→ 21,263 totalExp: 2013-12-31→ Common Stock (7,179 underlying)
Holdings
- 4,785.37(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]These shares vest in annual installments of 25% with the first vesting on March 4, 2010.
- [F2]Performance Shares - vesting contingent on employment and achievement of certain specified minimum thresholds of share price performance as disclosed in a Form 8-K filed on March 5, 2009 by Petroleum Development Corporation.