4//SEC Filing
REX ENERGY CORP 4
Accession 0001209191-16-140047
CIK 0001397516operating
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 4:23 PM ET
Size
18.2 KB
Accession
0001209191-16-140047
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
SHANER LANCE T
DirectorChairman10% Owner
Transactions
- Disposition to Issuer
Common Stock
2016-09-01−4,915→ 3,252,440 total - Exercise/Conversion
Phantom Stock
2016-09-01$0.58/sh−4,915$2,851→ 22,734 totalFrom: 2016-09-01Exp: 2016-09-01→ Common Stock (4,915 underlying) - Exercise/Conversion
Common Stock
2016-09-01+4,915→ 3,257,355 total - Exercise/Conversion
Common Stock
2016-09-01+2,905→ 3,260,260 total - Disposition to Issuer
Common Stock
2016-09-01−2,905→ 3,257,355 total - Exercise/Conversion
Phantom Stock
2016-09-01$0.58/sh−2,905$1,685→ 27,649 totalFrom: 2016-09-01Exp: 2016-09-01→ Common Stock (2,905 underlying)
Holdings
- 375,000(indirect: Shaner Capital L.P.)
Common Stock
- 487,428(indirect: Shaner Family Partners L.P.)
Common Stock
- 426,338(indirect: By Foundation)
Common Stock
- 199,996(indirect: By Trust)
Common Stock
Footnotes (3)
- [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.
- [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 purposes of Section 16 of the Securities Exchange Act or for any other purpose.
Documents
Issuer
REX ENERGY CORP
CIK 0001397516
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001397516
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 4:23 PM ET
- Size
- 18.2 KB