SEC Form 4 · accession 0001172139-15-000065
BILL BARRETT CORP · BBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Wiley
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 6:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001172139
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 1, 2015 | M | 6,000 | $0.00 | A | 55,597 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Annual RSU GrantF2,F3 | — | Jun 1, 2015 | M | 6,000 | D | — | — | Common Stock | 6,000 | 0 | D |
| 2015 Annual RSU GrantF2,F3 | — | Jun 1, 2015 | A | 17,221 | A | — | — | Common Stock | 17,221 | 17,221 | D |
Explanation of responses
- F1Represents the settlement in the form of the Issuer's common stock upon vesting of restricted common stock units ("RSUs") previously granted to the reporting person on June 1, 2014.
- F2Each RSU represents a contingent right to receive one share of common stock.
- F3Each director who is not an employee of the Company (an "Outside Director") is entitled to an annual equity grant in the form of restricted common stock units ("RSUs") pursuant to the Issuer's 2012 Equity Incentive Plan (the "2012 Plan"). RSUs representing shares of common stock having a fair market value of $150,000 determined in accordance with the 2012 Plan will be granted to each Outside Director on June 1 of each year (the "Date of Grant"), commencing with June 1, 2014. All RSUs will vest on the earlier to occur of the first anniversary of the Date of Grant or such date that the Outside Director ceases to be a director other than as a result of removal from office. The RSUs will be settled by the delivery of shares of common stock on the later of the vesting date or such later date elected by the Outside Director in accordance with the RSU agreement.