SEC Form 4 · accession 0001181431-15-000599
REX ENERGY CORP · REXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick M McKinney
Officer — President and COO
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397516
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 5, 2015 | A | 45,000 | $0.00 | A | 355,401 | D | |
| Common StockF2 | Jan 5, 2015 | A | 45,000 | $0.00 | A | 400,401 | D | |
| Common StockF3 | Jan 5, 2015 | A | 45,000 | $0.00 | A | 445,401 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock granted pursuant to the Issuer's Amended & Restated 2007 Long-Term Incentive Plan. Shares vest pro rata on September 1, 2015; September 1, 2016; and September, 1, 2017.
- F2Represents shares of restricted stock granted pursuant to the Issuer's Amended & Restated 2007 Long-Term Incentive Plan and subject to forfeiture based on (i) time and (ii) performance-based vesting requirements measured by achievement of three-year targets for production based on barrel of oil equivalents.
- F3Represents shares of restricted stock granted pursuant to the Issuer's Amended & Restated 2007 Long-Term Incentive Plan and subject to forfeiture based on (i) time and (ii) performance-based vesting requirements measured by achievement of one, two, and three-year targets based on total shareholder return ranking versus peer group.