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
Torgerson Jim E
Sr VP Operations
Transactions
- Exercise/Conversion
Phantom Stock Units
2017-02-07−27,424→ 125,817 totalExercise: $0.00→ Phantom Stock Units (27,424 underlying) - Award
Phantom Stock Units
2017-02-07+7,260→ 153,241 totalExercise: $0.00→ Phantom Stock Units (7,260 underlying)
Holdings
- 12,551
Stock Option
Exercise: $39.07From: 2014-03-05Exp: 2018-02-25→ Common Stock (12,551 underlying) - 26,126
Stock Option
Exercise: $30.90From: 2015-03-05Exp: 2019-02-13→ Common Stock (26,126 underlying) - 5,090
Stock Option
Exercise: $27.98From: 2016-09-05Exp: 2020-09-03→ Common Stock (5,090 underlying) - 29,065
Stock Option
Exercise: $31.74Exp: 2021-02-13→ Common Stock (29,065 underlying) - 21,066.422(indirect: Employee Investment Plan)
Common Stock
- 59,211
Stock Option
Exercise: $10.12Exp: 2023-02-16→ Common Stock (59,211 underlying) - 6,132.705
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (6,132.705 underlying) - 192,162
Common Stock
- 16,000
Stock Option
Exercise: $27.55From: 2013-03-05Exp: 2017-03-05→ Common Stock (16,000 underlying) - 28,286
Stock Option
Exercise: $30.12From: 2016-03-05Exp: 2020-02-13→ Common Stock (28,286 underlying) - 52,494
Stock Option
Exercise: $21.69Exp: 2022-02-12→ Common Stock (52,494 underlying)
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.
Documents
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