Home/Filings/4/0001209191-17-008829
4//SEC Filing

QEP RESOURCES, INC. 4

Accession 0001209191-17-008829

CIK 0001108827operating

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 5:37 PM ET

Size

21.6 KB

Accession

0001209191-17-008829

Insider Transaction Report

Form 4
Period: 2017-02-07
Torgerson Jim E
Sr VP Operations
Transactions
  • Exercise/Conversion

    Phantom Stock Units

    2017-02-0727,424125,817 total
    Exercise: $0.00Phantom Stock Units (27,424 underlying)
  • Award

    Phantom Stock Units

    2017-02-07+7,260153,241 total
    Exercise: $0.00Phantom Stock Units (7,260 underlying)
Holdings
  • Stock Option

    Exercise: $39.07From: 2014-03-05Exp: 2018-02-25Common Stock (12,551 underlying)
    12,551
  • Stock Option

    Exercise: $30.90From: 2015-03-05Exp: 2019-02-13Common Stock (26,126 underlying)
    26,126
  • Stock Option

    Exercise: $27.98From: 2016-09-05Exp: 2020-09-03Common Stock (5,090 underlying)
    5,090
  • Stock Option

    Exercise: $31.74Exp: 2021-02-13Common Stock (29,065 underlying)
    29,065
  • Common Stock

    (indirect: Employee Investment Plan)
    21,066.422
  • Stock Option

    Exercise: $10.12Exp: 2023-02-16Common Stock (59,211 underlying)
    59,211
  • Phantom Stock Units

    Exercise: $0.00Phantom Stock Units (6,132.705 underlying)
    6,132.705
  • Common Stock

    192,162
  • Stock Option

    Exercise: $27.55From: 2013-03-05Exp: 2017-03-05Common Stock (16,000 underlying)
    16,000
  • Stock Option

    Exercise: $30.12From: 2016-03-05Exp: 2020-02-13Common Stock (28,286 underlying)
    28,286
  • Stock Option

    Exercise: $21.69Exp: 2022-02-12Common Stock (52,494 underlying)
    52,494
Footnotes (7)
  • [F1]Represents the above-target earned portion of the phantom stock unit. In 2014, QEP granted 20,164 phantom stock units, which amount was equal to the cash amount to be received if target performance was achieved. Payout was made at 136 percent of target.
  • [F2]These phantom units are associated with QEP's Cash Incentive Plan.
  • [F3]In accordance with QEP's Cash Incentive Plan, the total represents PSUs on which payout was made in cash at 136 percent of target, including target PSUs granted in 2014 and above-target PSUs earned based on performance.
  • [F4]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.
  • [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.

Issuer

QEP RESOURCES, INC.

CIK 0001108827

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001108827

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 5:37 PM ET
Size
21.6 KB