REX ENERGY CORP 4
4 · REX ENERGY CORP · Filed Dec 15, 2015
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
LOMBARDI JOHN A
Director
Transactions
- Disposition to Issuer
Common Stock
2015-12-12−1,098→ 72,273 total - Exercise/Conversion
Phantom Stock
2015-12-12$0.99/sh+1,098$1,084→ 21,916 totalFrom: 2015-12-12Exp: 2015-12-12→ Common Stock (1,098 underlying) - Exercise/Conversion
Common Stock
2015-12-12+1,098→ 73,371 total - Exercise/Conversion
Common Stock
2015-12-15+680→ 72,953 total - Disposition to Issuer
Common Stock
2015-12-15−680→ 72,273 total - Exercise/Conversion
Phantom Stock
2015-12-15$0.92/sh+680$626→ 21,236 totalFrom: 2015-12-15Exp: 2015-12-15→ Common Stock (680 underlying)
Footnotes (2)
- [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.