WPX ENERGY, INC. 4
4 · WPX ENERGY, INC. · Filed May 22, 2017
Insider Transaction Report
Form 4
WORK DAVID F
Director
Transactions
- Award
Time-Based Restricted Stock Units
2017-05-18+16,009→ 48,359 total→ Common Stock (16,009 underlying)
Footnotes (3)
- [F1]Each time-based restricted stock unit represents a contingent right to receive a share of common stock, subject to the applicable award agreement.
- [F2]Represents grant of restricted stock units as a result of the reporting person's election to defer receipt of award of restricted stock.
- [F3]Subject to the applicable award agreement, this award will vest upon the reporting person's Separation from Service (as defined in the WPX Energy Board of Directors Nonqualified Deferred Compensation Plan), so long as such Separation from Service occurs on or after the one-year anniversary of the grant date.