QEP RESOURCES, INC. 4
4 · QEP RESOURCES, INC. · Filed Feb 24, 2015
Insider Transaction Report
Form 4
Jones Abigail L
VP-Comp/Corp Sec/AGC
Transactions
- Conversion
Phantom Stock Units
2015-02-20$23.32/sh−2,186$50,978→ 7,087 totalExercise: $0.00→ Phantom Stock Units (2,186 underlying)
Holdings
- 4,800
Stock Option
Exercise: $27.55From: 2013-03-05Exp: 2017-03-05→ Common Stock (0 underlying) - 3,598
Stock Option
Exercise: $39.07From: 2014-03-05Exp: 2018-02-25→ Common Stock (3,598 underlying) - 3,634
Stock Option
Exercise: $31.74Exp: 2021-02-13→ Common Stock (3,634 underlying) - 13,302.282
Common Stock
- 4,899
Stock Option
Exercise: $30.90Exp: 2019-02-13→ Common Stock (4,899 underlying) - 2,803.682
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (2,803.682 underlying) - 4,896
Stock Option
Exercise: $30.12Exp: 2020-02-13→ Common Stock (4,896 underlying) - 5,906
Stock Option
Exercise: $21.69Exp: 2022-02-12→ Common Stock (5,906 underlying) - 9,000
Stock Option
Exercise: $23.98From: 2012-03-05Exp: 2016-03-05→ Common Stock (0 underlying)
Footnotes (7)
- [F1]In accordance with the Long Term Cash Incentive Plan, the total reflects the conversion of 2,186 phantom stock units to cash.
- [F2]These phantom units are associated with QEP's Long Term Cash Incentive Plan.
- [F3]Phantom stock units will be payable in cash on the date of, or at a designated anniversary date following, the first to occur of the reporting person's (i) distribution election date which is not earlier than two years from the plan year (ii) separation from service from QEP (subject to 6-month delay if necessary to comply with IRC 409A), (iii) death or (iv) disability, pursuant to the QEP Resources, Inc. Deferred Compensation Wrap Plan. This total includes shares attributable to the 401(k) supplemental program of the Deferred Compensation Wrap Plan. Consequently, share totals may change without any visible activity.
- [F4]The option vests in three annual installments beginning on March 5, 2013, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- [F5]The option vests in three annual installments beginning on March 5, 2014, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- [F6]The option vests in three annual installments beginning on March 5, 2015, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- [F7]The option vests in three annual installments beginning on March 5, 2016, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.