WPX ENERGY, INC. 4
4 · WPX ENERGY, INC. · Filed Feb 26, 2014
Insider Transaction Report
Form 4
Natali Steven G.
Senior Vice President
Transactions
- Tax Payment
Common Stock
2014-02-24$18.45/sh−3,013$55,590→ 59,563 total - Tax Payment
Common Stock
2014-02-24$18.45/sh−3,788$69,889→ 67,199 total - Exercise/Conversion
Restricted Stock Units
2014-02-24−10,022→ 44,683 total→ Common Stock (10,022 underlying) - Exercise/Conversion
Restricted Stock Units
2014-02-24−6,265→ 37,027 total→ Common Stock (11,424 underlying) - Exercise/Conversion
Common Stock
2014-02-24+10,022→ 62,576 total - Exercise/Conversion
Common Stock
2014-02-24+11,424→ 70,987 total
Footnotes (6)
- [F1]Each restricted stock unit represented a contingent right to receive a share of common stock, subject to the applicable award agreement.
- [F2]Represents shares withheld to satisfy withholding tax obligations due upon vesting of restricted stock units.
- [F3]Includes additional shares of common stock paid out pursuant to the applicable award agreement based on a performance factor of 1.8235.
- [F4]Each performance-based restricted stock unit represented 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 had met the three-year performance measure.
- [F5]Award vested on February 24, 2014.
- [F6]Vesting of performance-based awards are 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.