4//SEC Filing
Doleshek Richard J 4
Accession 0001209191-19-008727
CIK 0001108827other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 6:04 PM ET
Size
17.0 KB
Accession
0001209191-19-008727
Insider Transaction Report
Form 4
Doleshek Richard J
EVP, CFO & TR
Transactions
- Exercise/Conversion
Phantom Stock Units
2019-02-07−104,941→ 193,055 totalExercise: $0.00→ Common Stock (104,941 underlying)
Holdings
- 43,542
Stock Option
Exercise: $30.90From: 2015-03-05Exp: 2019-02-13→ Common Stock (43,542 underlying) - 42,871
Stock Option
Exercise: $31.74From: 2017-03-05Exp: 2021-02-13→ Common Stock (42,871 underlying) - 69,869
Stock Option
Exercise: $10.12Exp: 2023-02-16→ Common Stock (69,869 underlying) - 61,943
Stock Option
Exercise: $21.69From: 2018-03-05Exp: 2022-02-12→ Common Stock (61,943 underlying) - 400,687
Common Stock
- 4,801.88(indirect: Employee Investment Plan)
Common Stock
- 7,147.039
Phantom Stock Units
Exercise: $0.00→ Phantom Stock Units (7,147.039 underlying) - 48,956
Stock Option
Exercise: $30.12From: 2016-03-05Exp: 2020-02-13→ Common Stock (48,956 underlying) - 65,739
Stock Option
Exercise: $16.98Exp: 2024-02-13→ Common Stock (65,739 underlying)
Footnotes (5)
- [F1]In February 2016, QEP's Compensation Committee granted 104,941 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 12/31/18. Payout was earned at 100% of target, and a cash payout was made on 104,941 common shares.
- [F2]In February 2017 and 2018, QEP's Compensation Committee granted 69,494 PSUs and 123,561 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 12/31/19 and 12/31/20, 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, 2017, 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, 2018, 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 typeother
Related Parties
1- filerCIK 0001463860
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 6:04 PM ET
- Size
- 17.0 KB