SEC Form 4 · accession 0001209191-15-073873
REX ENERGY CORP · REXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance T Shaner
Director
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 4:24 pm 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 StockF1 | Oct 1, 2015 | A | 22,120 | $0.00 | A | 3,252,440 | D | |
| Common StockF2 | holding | — | — | — | 375,000 | I | Shaner Capital, L.P. | |
| Common StockF2 | holding | — | — | — | 487,428 | I | Shaner Family Partners, L.P. | |
| Common StockF2 | holding | — | — | — | 199,996 | I | Ellen R. Shaner Revocable Trust | |
| Common StockF2 | holding | — | — | — | 426,338 | I | Shaner Family Foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3 | — | Oct 1, 2015 | A | 14,747 | A | — | — | Common Stock | 14,747 | 23,014 | D |
Explanation of responses
- F1Represents shares of restricted stock granted pursuant to the Issuer's 2007 Long-Term Incentive Plan, as amended. Shares vest ratably in one-third installments on September 1, 2016, September 1, 2017, and September 1, 2018.
- 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 purpose of Section 16 or any other purpose.
- F3Represents shares of phantom stock granted pursuant to the Issuer's 2007 Long-Term Incentive Plan, as amended, that are the economic equivalent of shares of stock. The shares of phantom stock are payable in cash upon vesting in accordance with the vesting schedule described in footnote 1.