WPX ENERGY, INC. 4
4 · WPX ENERGY, INC. · Filed Mar 5, 2014
Insider Transaction Report
Form 4
Natali Steven G.
Senior Vice President
Transactions
- Award
Restricted Stock Units
2014-03-03+17,029→ 54,056 total→ Common Stock (17,029 underlying) - Award
Employee Options (Right to Buy)
2014-03-03+21,022→ 21,022 totalExercise: $17.47Exp: 2024-03-03→ Common Stock (21,022 underlying) - Award
Restricted Stock Units
2014-03-03+19,461→ 64,144 total→ Common Stock (19,461 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 in the following increments: 6,487 on March 3, 2015, 6,487 on March 3, 2016 and 6,487 on March 3, 2017.
- [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 3, 2017.
- [F6]Options vest in the following increments: 7,007 on March 3, 2015, 7,007 on March 3, 2016 and 7,008 on March 3, 2017.