SEC Form 4 · accession 0001209191-17-051933
QEP RESOURCES, INC. · QEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alice B Ley
Officer — VP and Controller
Period of report
Sep 5, 2017
Accepted (ET)
Sep 7, 2017 · 5:35 pm EDT
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 StockF1 | Sep 5, 2017 | F | 289 | $7.53 | D | 38,747 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2 | $0.00 | holding | — | — | — | — | — | Phantom Stock Units | 25,968 | 25,968 | D |
| Stock Option | $28.43 | holding | — | — | — | Mar 5, 2017 | Mar 3, 2021 | Common Stock | 6,061 | 6,061 | D |
| Stock OptionF3 | $21.69 | holding | — | — | — | — | Feb 12, 2022 | Common Stock | 12,058 | 12,058 | D |
| Stock OptionF4 | $10.12 | holding | — | — | — | — | Feb 16, 2023 | Common Stock | 10,880 | 10,880 | D |
| Stock OptionF5 | $16.98 | holding | — | — | — | — | Feb 13, 2024 | Common Stock | 10,237 | 10,237 | D |
Explanation of responses
- F1I received a distribution of formerly restricted shares of stock and made an advance election to satisfy my tax payment obligations by withholding shares.
- F2These phantom units are associated with QEP's Cash Incentive Plan.
- F3The 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.
- F4The 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.
- F5The option vests in three annual installments beginning on March 5, 2018, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement