4//SEC Filing
BUCHANAN EDISON C 4
Accession 0001606915-21-000003
CIK 0001038357other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:50 PM ET
Size
5.8 KB
Accession
0001606915-21-000003
Insider Transaction Report
Form 4
BUCHANAN EDISON C
Director
Transactions
- Award
Common Stock
2021-01-12+51→ 30,044 total
Footnotes (2)
- [F1]This Form 4 reports securities acquired in connection with the mergers (the Mergers) contemplated by that certain Agreement and Plan of Merger, dated as of October 20, 2020, by and among Pioneer Natural Resources Company (Pioneer), certain subsidiaries of Pioneer, Parsley Energy, Inc. (Parsley) and Parsley Energy, LLC (Opco LLC) (the Merger Agreement). On January 12, 2021, as a result of the Mergers contemplated by the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each outstanding eligible share of Class A common stock of Parsley and each outstanding eligible membership interest unit in Opco LLC was converted automatically into the right to receive 0.1252 (the Exchange Ratio) shares of common stock of Pioneer, with cash paid in lieu of the issuance of any fractional shares of Pioneer common stock.
- [F2](Continued from footnote 1) The shares of Pioneer common stock reported above were acquired by the Reporting Person as a result of the Mergers in respect of the shares of Class A common stock of Parsley owned by the Reporting Person immediately prior to the Effective Time in a transaction exempt pursuant to Rule 16b-3. On the trading day immediately prior to the Effective Time, the closing price of Pioneer common stock was $131.42 per share.
Documents
Issuer
PIONEER NATURAL RESOURCES CO
CIK 0001038357
Entity typeother
Related Parties
1- filerCIK 0001203783
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:50 PM ET
- Size
- 5.8 KB