4//SEC Filing
SOUTHWESTERN ENERGY CO 4
Accession 0001209191-15-006031
CIK 0000007332operating
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 6:12 AM ET
Size
7.0 KB
Accession
0001209191-15-006031
Insider Transaction Report
Form 4
PEW ELLIOTT
Director
Transactions
- Purchase
Depositary Shares (Series B Mandatory Preferred Interest)
2015-01-21+1,500→ 1,500 total→ Common Stock (2,775 underlying)
Holdings
- 11,127
Common Stock
Footnotes (1)
- [F1]Each Depositary Share represents a 1/20th interest in a share of the Issuer's 6.25% Series B Mandatory Convertible Preferred Stock, $0.01 par value per share (the "Series B Preferred Stock"). At any time prior to January 15, 2018, a holder of 20 Depositary Shares may cause the conversion of one share of the Series B Preferred Stock into a number of shares of the Issuer's Common Stock equal to the minimum conversion rate of 37.0028, subject to adjustments for certain fundamental changes (as defined). Thus, each Depositary Share will convert into 1.85014 shares of Common Stock, subject to adjustment. On approximately January 15, 2018, the Depositary Shares mandatorily convert to Common Stock at a conversion rate ranging from 1.85014 to 2.17391 shares of Common Stock per Depositary Share (or a Series B Preferred Stock to Common Stock conversion rate ranging from 37.0028 to 43.4782 shares), subject to adjustment.
Documents
Issuer
SOUTHWESTERN ENERGY CO
CIK 0000007332
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000007332
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 6:12 AM ET
- Size
- 7.0 KB