QEP RESOURCES, INC. 4
4 · QEP RESOURCES, INC. · Filed Mar 9, 2016
Insider Transaction Report
Form 4
Torgerson Jim E
Sr VP Operations
Transactions
- Tax Payment
Common Stock
2016-03-07$10.39/sh−8,807$91,505→ 194,864 total
Holdings
- 6,132.705
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (6,132.705 underlying) - 145,981
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (145,981 underlying) - 12,551
Stock Option
Exercise: $39.07From: 2014-03-05Exp: 2018-02-25→ Common Stock (12,551 underlying) - 26,126
Stock Option
Exercise: $30.90From: 2015-03-05Exp: 2019-02-13→ Common Stock (26,126 underlying) - 20,471.804(indirect: Employee Investment Plan)
Common Stock
- 29,065
Stock Option
Exercise: $31.74Exp: 2021-02-13→ Common Stock (29,065 underlying) - 52,494
Stock Option
Exercise: $21.69Exp: 2022-02-12→ Common Stock (52,494 underlying) - 59,211
Stock Option
Exercise: $10.12Exp: 2023-02-16→ Common Stock (59,211 underlying) - 16,000
Stock Option
Exercise: $27.55From: 2013-03-05Exp: 2017-03-05→ Common Stock (16,000 underlying) - 28,286
Stock Option
Exercise: $30.12From: 2016-03-05Exp: 2020-02-13→ Common Stock (28,286 underlying) - 5,090
Stock Option
Exercise: $27.98Exp: 2020-09-03→ Common Stock (5,090 underlying)
Footnotes (7)
- [F1]I received a distribution of formerly restricted shares of stock and made an advance election to satisfy my tax payment obligations by withholding shares.
- [F2]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.
- [F3]These phantom stock units are associated with QEP's Cash Incentive Plan.
- [F4]These options vest annually in three installments beginning on September 5, 2014, 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, 2015, 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, 2016, 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, 2017, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.