REASONER SCOTT J 4
4 · PDC ENERGY, INC. · Filed Jan 14, 2020
Insider Transaction Report
Form 4
PDC ENERGY, INC.PDCE
REASONER SCOTT J
Sr. VP Operations
Transactions
- Exercise/Conversion
Common Stock
2020-01-10+4,128→ 94,241 total - Tax Payment
Common Stock
2020-01-10$25.27/sh−2,035$51,424→ 92,206 total - Exercise/Conversion
Performance Share Rights
2020-01-10−4,128→ 0 totalExp: 2019-12-31→ Common Stock (4,128 underlying)
Holdings
- 2,610(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Each performance share/right represented a contingent right to receive shares of PDC Energy, Inc. common stock upon achievement of specified minimum thresholds of total shareholder return (TSR) compared to certain peers measured in December of 2019, as described in the related grant agreement. Shares granted represent a 100% payout on previously awarded performance shares/rights.
- [F2]Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon settlement of performance shares/rights.
- [F3]401(k) Plan holdings as of January 10, 2020.