SEC Form 4 · accession 0001246360-18-001890
PIONEER NATURAL RESOURCES CO · PXD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D Sheffield
Director
Period of report
Jul 19, 2018
Accepted (ET)
Jul 23, 2018 · 4:21 pm 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 StockF1 | Jul 19, 2018 | M | 30,500 | $0.00 | A | 587,394 | D | |
| Common Stock | holding | — | — | — | 2,760 | I | by Spouse | |
| Common Stock | holding | — | — | — | 13,000 | I | Family Trust (Officer Trustee) | |
| Common Stock | holding | — | — | — | 15,000 | I | Family Trust (Spouse Trustee) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | $0.00 | Jul 19, 2018 | M | 30,500 | D | Jul 19, 2018 | Jul 19, 2018 | Common Stock | 30,500 | 0 | D |
Explanation of responses
- F1Pursuant to the Pioneer Natural Resources Company Executive Deferred Compensation Plan, each share of phantom stock represented the right to receive one share of PXD common stock. On July 19, 2018, 30,500 of the phantom units held by the reporting person were settled by the issuance to the reporting person of 30,500 shares of Common Stock in connection with his retirement.