REX ENERGY CORP 4
4 · REX ENERGY CORP · Filed Dec 19, 2016
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
LOMBARDI JOHN A
Director
Transactions
- Exercise/Conversion
Common Stock
2016-12-15+679→ 103,986 total - Disposition to Issuer
Common Stock
2016-12-15−679→ 103,307 total - Exercise/Conversion
Phantom Stock
2016-12-15$0.52/sh−679$353→ 33,427 totalFrom: 2016-12-15Exp: 2016-12-15→ Common Stock (679 underlying)
Footnotes (2)
- [F1]This filing represents the deemed conversion of phantom stock into cash. On December 15, 2016, 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 based on the market closing price on December 14, 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 December 15, 2016, 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 cashed based on the market closing price on December 14, 2016. No shares were actually issued, converted, or sold in connection with this transaction.