SEC Form 4 · accession 0001209191-15-069273

REX ENERGY CORP · REXX

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

Reporting owner

Director

Period of report

Sep 1, 2015

Accepted (ET)

Sep 3, 2015 · 7:24 am EDT

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^F1	Sep 1, 2015	M	2,904	$0.00	A	3,233,224	D
Common Stock^F1	Sep 1, 2015	D	2,904	$0.00	D	3,230,320	D
Common Stock^F2	holding	—	—		—	375,000	I	Shaner Capital L.P.
Common Stock^F2	holding	—	—		—	487,428	I	Shaner Family Partners L.P.
Common Stock^F2	holding	—	—		—	426,338	I	Shaner Family Foundation
Common Stock^F2	holding	—	—		—	199,996	I	Ellen R. Shaner Revocable Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock^F1	—	Sep 1, 2015	M	2,904	D	Sep 1, 2015	Sep 1, 2015	Common Stock	2,904	8,267	D

F1This filing represents the deemed conversion of phantom stock into cash. On September 1, 2015, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 15, 2014. 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 $3.45 per share, based on the market closing price on August 31, 2015. No shares were actually issued, converted, or sold in connection with this transaction.
F2The 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 of the Securities Exchange Act or for any other purpose.