SEC Form 4 · accession 0001246360-18-002137
CONCHO RESOURCES INC · CXO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Beal
Director
Period of report
Jul 19, 2018
Accepted (ET)
Aug 31, 2018 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001358071
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jul 19, 2018 | A | 25,416 | $148.27 | A | 69,166 | I | See Footnote |
| Common StockF1,F3 | Aug 29, 2018 | S | 2,500 | $137.24 | D | 66,666 | I | See Footnote |
| Common Stock | holding | — | — | — | 75,548 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
- F2On July 19, 2018, pursuant to the Agreement and Plan of Merger dated as of March 27, 2018 (the "Merger Agreement"), by and among Concho Resources Inc. ("Concho"), Green Merger Sub Inc. ("Merger Sub") and RSP Permian, Inc. ("RSP"), Merger Sub merged with and into RSP (the "Merger"), with RSP surviving the Merger as a wholly-owned subsidiary of Concho. Pursuant to the Merger Agreement, each share of RSP common stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.320 of a share of Concho common stock. On July 19, 2018, the closing price of one share of Concho common stock was $148.27.
- F3These securities are owned directly by a partnership, of which the reporting person is the manager of its general partner.