WPX ENERGY, INC. 4

4 · WPX ENERGY, INC. · Filed Mar 7, 2016

Form 4

Period: 2016-03-04

Senior Vice President

Transactions

Exercise/Conversion
Common Stock
2016-03-04+8,288→ 119,483 total
Exercise/Conversion
Common Stock
2016-03-04+14,573→ 131,374 total
Tax Payment
Common Stock
2016-03-04$5.84/sh−4,402$25,708→ 126,972 total
Tax Payment
Common Stock
2016-03-04$5.84/sh−2,682$15,663→ 116,801 total
Exercise/Conversion
Restricted Stock Units
2016-03-04−12,571→ 32,366 total
→ Common Stock (8,288 underlying)
Exercise/Conversion
Restricted Stock Units
2016-03-04−14,573→ 4,007 total
→ Common Stock (14,573 underlying)

Footnotes (6)

[F1]Number of shares of common stock paid out was less than the number of performance-based restricted stock units originally granted based on the applicable award agreement and a performance factor of 0.65.
[F2]Each performance-based restricted stock unit represented a contingent right to receive a share of common stock, subject to adjustment based on the applicable award agreement and compensation committee certification that the Company had met the three-year performance measure.
[F3]Represents shares withheld to satisfy withholding tax obligations due upon vesting of restricted stock units.
[F4]Each time-based restricted stock unit represented a contingent right to receive a share of common stock, subject to the applicable award agreement.
[F5]Vesting of performance-based awards are subject to compensation committee certification that the Company has met a three-year performance measure, which is based on total shareholder return with absolute and relative dependent measures.
[F6]Award vested on March 4, 2016.

Documents

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