DeLawder John A 4
4 · PDC ENERGY, INC. · Filed Feb 22, 2019
Insider Transaction Report
Form 4
PDC ENERGY, INC.PDCE
DeLawder John A
SVP Corporate Administration
Transactions
- Award
Common Stock
2019-02-20+3,781→ 10,467 total - Award
Performance Share Units
2019-02-20+3,781→ 3,781 totalExp: 2021-12-31→ Common Stock (3,781 underlying)
Holdings
- 958(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The restricted stock units were acquired pursuant to the PDC Energy, Inc. Amended and Restated 2010 Long-Term Equity Compensation Plan and will vest in three equal annual installments beginning on February 20, 2020.
- [F2]401(k) Plan holdings as of February 21, 2019.
- [F3]Each performance share unit represents a contingent right to receive 0-200% of that number in shares of Company common stock. The amount reported represents the "target" number. The performance shares units vest upon continued employment and achievement of specified metrics compared to certain peers, as measured in December of 2021 and as described in the related grant agreement. Participant also holds additional previously awarded performance shares/rights and performance share units, all subject to different future vesting and performance criteria.