4//SEC Filing
PDC ENERGY, INC. 4
Accession 0001209191-15-051460
CIK 0000077877operating
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 4:49 PM ET
Size
8.0 KB
Accession
0001209191-15-051460
Insider Transaction Report
Form 4
PDC ENERGY, INC.PDCE
WAKIM KIMBERLY LUFF
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2015-06-07−908→ 15,990 total - Award
PHANTOM STOCK
2015-06-07+908→ 4,842 total→ COMMON STOCK (908 underlying)
Footnotes (3)
- [F1]The reporting person previously elected to defer 908 shares of restricted stock vesting on June 7, 2015 (the shares of restricted stock were originally granted on June 7, 2013), and accordingly received 908 shares of phantom stock on June 7, 2015 pursuant to the PDC Energy, Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). As a result, the reporting person is reporting the disposition of 908 shares of common stock in exchange for an equal number of shares of phantom stock
- [F2]Each share of phantom stock represents a right to receive one share of common stock or, at the reporting person's election, the cash value thereof.
- [F3]The phantom stock becomes payable upon the first to occur of: (1) the reporting person's "separation of service" as defined under Section 409A of the Internal Revenue Code of 1986, as amended, or (2) a "Change in Control" of PDC Energy, Inc., as such term is defined in the Plan.
Documents
Issuer
PDC ENERGY, INC.
CIK 0000077877
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000077877
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 4:49 PM ET
- Size
- 8.0 KB