SEC Form 4 · accession 0001181431-15-003973

REX ENERGY CORP · REXX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 2, 2015

Accepted (ET)

Mar 4, 2015 · 5:13 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 Stock^F2	Mar 2, 2015	M	1,474	$0.00	A	3,208,685	D
Common Stock^F2	Mar 2, 2015	D	1,474	$0.00	D	3,208,685	D
Common Stock	holding	—	—		—	3,208,685	D
Common Stock^F1	holding	—	—		—	487,428	I	Shaner Family Partners, L.P.
Common Stock^F1	holding	—	—		—	199,996	I	Ellen R. Shaner Revocable Trust
Common Stock^F1	holding	—	—		—	375,000	I	Shaner Capital L.P.
Common Stock^F1	holding	—	—		—	129,250	I	Shaner Family Foundation

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock^F2	—	Mar 2, 2015	M	1,474	D	Mar 2, 2015	Mar 2, 2015	Common Stock	1,474	11,171	D

F1The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
F2This filing represents the deemed conversion of phantom stock into cash. The reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 14, 2011. Each share of phantom stock was the economic equivalent of one share of REXX common stock. The phantom shares were settled in cash valued at $4.90 per share, based on the market close price on February 27, 2015. No shares were actually issued, converted, or sold in connection with this transaction.