Fiala Margo D 4
4 · QEP RESOURCES, INC. · Filed Feb 9, 2018
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Phantom Stock Units
2018-02-07−5,475→ 28,088 totalExercise: $0.00→ Common Stock
Holdings
- 57,830
Common Stock
- 1,154.559(indirect: Employee Investment Plan)
Common Stock
- 8,709
Stock Option
Exercise: $30.90From: 2015-03-05Exp: 2019-02-13→ Common Stock (8,709 underlying) - 8,629
Stock Option
Exercise: $31.74From: 2017-03-05Exp: 2021-02-13→ Common Stock (8,629 underlying) - 15,584
Stock Option
Exercise: $21.69Exp: 2022-02-12→ Common Stock (15,584 underlying) - 14,063
Stock Option
Exercise: $10.12Exp: 2023-02-16→ Common Stock (14,063 underlying) - 13,232
Stock Option
Exercise: $16.98Exp: 2024-02-13→ Common Stock (13,232 underlying) - 3,565.563
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (3,565.563 underlying) - 6,276
Stock Option
Exercise: $39.07From: 2014-03-05Exp: 2018-02-25→ Common Stock (6,276 underlying) - 9,792
Stock Option
Exercise: $30.12From: 2016-03-05Exp: 2020-02-13→ Common Stock (9,792 underlying)
Footnotes (6)
- [F1]In February 2015, QEP's Compensation Committee granted 5,475 PSUs under the QEP's Cash Incentive Plan, which amount represented the number of common shares on which payout would be made in cash if target performance was achieved during the three-year performance period ended 12/31/17. Payout was earned at 85% of target, and a cash payout was made on 4,654 common shares.
- [F2]In February 2016 and 2017, QEP's Compensation Committee granted 16,898 PSUs and 11,190 PSUs, respectively, under the QEP's Cash Incentive Plan, which represents the number of common shares on which payout will be made in cash (or, at the election of the Compensation Committee, shares) if target relative TSR performance is achieved during the three-year performance period ending 12/31/18 and 12/31/19, respectively.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]The option vests in three annual installments beginning on March 5, 2018, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement