4//SEC Filing
REX ENERGY CORP 4
Accession 0001209191-15-085351
CIK 0001397516operating
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 5:04 PM ET
Size
18.4 KB
Accession
0001209191-15-085351
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
SHANER LANCE T
DirectorChairman10% Owner
Transactions
- Disposition to Issuer
Common Stock
2015-12-15−680→ 3,252,440 total - Exercise/Conversion
Phantom Stock
2015-12-12$0.98/sh+1,098$1,074→ 21,916 totalFrom: 2015-12-12Exp: 2015-12-12→ Common Stock (1,098 underlying) - Disposition to Issuer
Common Stock
2015-12-12−1,098→ 3,252,440 total - Exercise/Conversion
Common Stock
2015-12-12+1,098→ 3,253,538 total - Exercise/Conversion
Common Stock
2015-12-15+680→ 3,253,120 total - Exercise/Conversion
Phantom Stock
2015-12-12$0.92/sh+680$626→ 21,236 totalFrom: 2015-12-15Exp: 2015-12-15→ Common Stock (680 underlying)
Holdings
- 426,338(indirect: By Foundation)
Common Stock
- 487,428(indirect: Shaner Family Partners L.P.)
Common Stock
- 199,996(indirect: By Trust)
Common Stock
- 375,000(indirect: Shaner Capital L.P.)
Common Stock
Footnotes (3)
- [F1]This filing represents the deemed conversion of phantom stock into cash. On December 12, 2015, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 12, 2012. Each share of phantom stock was the economic equivalent of one share of REXX common stock. The phantom shares were settled in cash valued at $0.978 per share, based on the market closing price on December 11, 2015. No shares were actually issued, converted, or sold in connection with this transaction.
- [F2]This filing represents the deemed conversion of phantom stock into cash. On December 15, 2015, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 15, 2013. Each share of phantom stock was the economic equivalent of one share of REXX common stock. The phantom shares were settled in cash valued at $0.92 per share, based on the market closing price on December 14, 2015. No shares were actually issued, converted, or sold in connection with this transaction.
- [F3]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16 or any other purpose.
Documents
Issuer
REX ENERGY CORP
CIK 0001397516
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001397516
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 5:04 PM ET
- Size
- 18.4 KB