REX ENERGY CORP 4
4 · REX ENERGY CORP · Filed Sep 6, 2016
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
LOMBARDI JOHN A
Director
Transactions
- Exercise/Conversion
Common Stock
2016-09-01+2,905→ 80,093 total - Disposition to Issuer
Common Stock
2016-09-01−2,905→ 77,188 total - Exercise/Conversion
Common Stock
2016-09-01+4,915→ 77,188 total - Exercise/Conversion
Phantom Stock
2016-09-01$0.58/sh−2,905$1,685→ 18,331 totalFrom: 2016-09-01Exp: 2016-09-01→ Common Stock (2,905 underlying) - Disposition to Issuer
Common Stock
2016-09-01−4,915→ 72,273 total - Exercise/Conversion
Phantom Stock
2016-09-01$0.58/sh−4,915$2,851→ 13,416 totalFrom: 2016-09-01Exp: 2016-09-01→ Common Stock (4,915 underlying)
Footnotes (2)
- [F1]This filing represents the deemed conversion of phantom stock into cash. On September 1, 2016, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 15,2014. 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 $.58 per share, based on the market closing price on August 31, 2016. 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 September 1, 2016, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on October 1, 2015. 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 $.58 per share, based on the market closing price on August 31, 2016. No shares were actually issued, converted, or sold in connection with this transaction.