SEC Form 5 · accession 0001209191-15-013659
QEP RESOURCES, INC. · QEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Perry H Richards
Officer — Sr VP, QEP Field Services
Period of report
Dec 4, 2014
Accepted (ET)
Feb 13, 2015 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108827
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 39,841 | D | ||
| Common Stock | holding | — | — | — | 7,948 | I | Employee Investment Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | $0.00 | Dec 4, 2014 | C | 19,416 | D | — | — | Phantom Stock Units | 19,416 | 0 | D |
| Phantom Stock UnitsF2 | $0.00 | holding | — | — | — | — | — | Phantom Stock Units | 5,946 | 5,946 | D |
| Stock Option | $39.07 | holding | — | — | — | Mar 5, 2014 | Feb 25, 2018 | Common Stock | 9,371 | 9,371 | D |
| Stock Option | $30.90 | holding | — | — | — | Dec 2, 2014 | Feb 13, 2019 | Common Stock | 13,063 | 13,063 | D |
| Stock Option | $30.12 | holding | — | — | — | Dec 2, 2014 | Feb 13, 2020 | Common Stock | 13,055 | 13,055 | D |
| Stock Option | $31.74 | holding | — | — | — | Dec 2, 2014 | Feb 13, 2021 | Common Stock | 9,083 | 9,083 | D |
| Stock Option | $23.98 | holding | — | — | — | Mar 5, 2012 | Mar 5, 2016 | Common Stock | 25,000 | 25,000 | D |
| Stock Option | $27.55 | holding | — | — | — | Mar 5, 2013 | Mar 5, 2017 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1In accordance with the Long Term Cash Incentive Plan, the total reflects the conversion of 7,022 phantom stock units to cash and the forfeiture of 12,394 phantom stock units.
- F2Phantom stock units will be payable in cash on the date of, or at a designated anniversary date following, the first to occur of the reporting person's (i) distribution election date which is not earlier than two years from the plan year (ii) separation from service from QEP (subject to 6-month delay if necessary to comply with IRC 409A), (iii) death or (iv) disability, pursuant to the QEP Resources, Inc. Deferred Compensation Wrap Plan. This total includes shares attributable to the 401(k) supplemental program of the Deferred Compensation Wrap Plan. Consequently, share totals may change without any visible activity.