SEC Form 4 · accession 0001121919-15-000002
PIONEER NATURAL RESOURCES CO · PXD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard P Dealy
Officer — EVP & CFO
Period of report
Sep 24, 2015
Accepted (ET)
Sep 29, 2015 · 9:21 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001038357
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 24, 2015 | G | 23,546 | $0.00 | D | 141,332 | I | by Family Limited Partnership |
| Common Stock | Sep 24, 2015 | G | 23,546 | $0.00 | A | 141,332 | I | by Family Limited Partnership |
| Common Stock | Sep 24, 2015 | S | 117,786 | $119.85 | D | 141,332 | I | by Family Limited Partnership |
| Common Stock | Sep 24, 2015 | P | 117,786 | $119.85 | A | 141,332 | I | by Family Limited Partnership |
| Common StockF1 | holding | — | — | — | 310 | I | 401(k) | |
| Common Stock | holding | — | — | — | 58,771 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of shares beneficially owned as a result of reporting person's ownership of units in the Pioneer Natural Resources USA, Inc. 401(k)
- F2All of the shares of common stock of the issuer underlying this transaction are owned by a family limited partnership the general partner of which is controlled by the reporting person. This transaction is reporting gifts by the reporting person and his spouse of limited partnership interests in the partnership to trusts the beneficiaries of which are children of the reporting person. The shares of common stock of the issuer underlying this transaction continued to be owned by the family limited partnership.
- F3All of the shares of common stock of the issuer underlying this transaction are owned by a family limited partnership the general partner of which is controlled by the reporting person. This transaction is reporting sales by the reporting person and his spouse of, in the aggregate, an 83.34% interest in the partnership to a trust the beneficiaries of which are the reporting person and members of his family for promissory notes in the aggregate principal amount equal to the fair market value of the transferred partnership interests. The shares of common stock of the issuer underlying this transaction continued to be owned by the family limited partnership. For purposes of this filing, the reporting person is reporting in column 4 as the price of the securities the opening price of common stock of the issuer on the date of the transaction.