WPX ENERGY, INC. 4
4 · WPX ENERGY, INC. · Filed Mar 6, 2013
Insider Transaction Report
Form 4
HILL RALPH A
Chief Executive Officer
Transactions
- Award
Restricted Stock Units
2013-03-04+78,070→ 197,145 total→ Common Stock (78,070 underlying) - Award
Restricted Stock Units
2013-03-04+156,141→ 305,531 total→ Common Stock (156,141 underlying) - Award
Employee Options (Right to Buy)
2013-03-04+140,977→ 140,977 totalExercise: $14.41Exp: 2023-03-04→ Common Stock (140,977 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive a share of common stock, subject to the applicable award agreement.
- [F2]Subject to the applicable award agreement, this award vests on March 4, 2016.
- [F3]Performance-based restricted stock units subject to compensation committee certification that the Company has met a three-year performance measure, which is based on total shareholder return with absolute and relative dependent measures.
- [F4]Each performance-based restricted stock unit represents a contingent right to receive a share of common stock, subject to adjustment based on the applicable award agreement and compensation committee certification that the Company has met the three-year performance measure.
- [F5]Subject to the applicable award agreement and compensation committee certification that the Company has met the applicable three-year performance measure, this award vests on March 4, 2016.
- [F6]Options vest in the following increments: 46,992 on March 4, 2014, 46,992 on March 4, 2015 and 46,993 on March 4, 2016.