REX ENERGY CORP 4
4 · REX ENERGY CORP · Filed Dec 19, 2016
Insider Transaction Report
Form 4
REX ENERGY CORPREXX
SHANER LANCE T
DirectorChairman10% Owner
Transactions
- Exercise/Conversion
Common Stock
2016-12-15+679→ 75.468 total - Disposition to Issuer
Common Stock
2016-12-15−679→ 74,789 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)
Holdings
- 426,338(indirect: By Foundation)
Common Stock
- 487,428(indirect: Shaner Family Partners L.P.)
Common Stock
- 199,996(indirect: By Trust)
Common Stock
- 375,000(indirect: Shaner Capital L.P.)
Common Stock
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]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 purpose of Section 16 or any other purpose.