SEC Form 4 · accession 0001209191-16-100234
QEP RESOURCES, INC. · QEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher K Woosley
Officer — VP and General Counsel
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 7:55 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 | Feb 16, 2016 | A | 38,019 | $10.12 | A | 93,543 | D | |
| Common Stock | holding | — | — | — | 1,346 | 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 | Feb 16, 2016 | A | 32,016 | A | — | — | Phantom Stock Units | 32,016 | 58,280 | D |
| Stock OptionF2 | $10.12 | Feb 16, 2016 | A | 26,645 | A | — | Feb 16, 2023 | Common Stock | 26,645 | 26,645 | D |
| Stock OptionF3 | $28.67 | holding | — | — | — | — | Aug 1, 2019 | Common Stock | 9,892 | 9,892 | D |
| Stock OptionF4 | $30.12 | holding | — | — | — | — | Feb 13, 2020 | Common Stock | 14,143 | 14,143 | D |
| Stock OptionF5 | $31.74 | holding | — | — | — | — | Feb 13, 2021 | Common Stock | 12,535 | 12,535 | D |
| Stock OptionF6 | $21.69 | holding | — | — | — | — | Feb 12, 2022 | Common Stock | 29,528 | 29,528 | D |
Explanation of responses
- F1These phantom units are associated with QEP's Cash Incentive Plan.
- F2The option vests in three annual installments beginning on March 5, 2017, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- F3The option vests in three annual installments beginning on September 5, 2013, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- F4The option vests in three annual installments beginning on March 5, 2014, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- F5The option vests in three annual installments beginning on March 5, 2015, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
- F6The option vests in three annual installments beginning on March 5, 2016, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.