SEC Form 4 · accession 0001209191-15-085354

REX ENERGY CORP · REXX

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

Reporting owner

Director

Period of report

Dec 12, 2015

Accepted (ET)

Dec 15, 2015 · 5:07 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
Common Stock^F1	Dec 12, 2015	M	1,098	$0.00	A	69,918	D
Common Stock^F1	Dec 12, 2015	D	1,098	$0.00	D	68,820	D
Common Stock^F2	Dec 15, 2015	M	680	$0.00	A	69,500	D
Common Stock^F2	Dec 15, 2015	D	680	$0.00	D	68,820	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock^F1	—	Dec 12, 2015	M	1,098	A	Dec 12, 2015	Dec 12, 2015	Common Stock	1,098	21,916	D
Phantom Stock^F2	—	Dec 15, 2015	M	680	A	Dec 15, 2015	Dec 15, 2015	Common Stock	680	21,236	D

F1This filing represents the deemed conversion of phantom stock into cash. On December 12, 2015, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 12, 2012. 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 $0.978 per share, based on the market closing price on December 11, 2015. No shares were actually issued, converted, or sold in connection with this transaction.
F2This filing represents the deemed conversion of phantom stock into cash. On December 15, 2015, the reporting person had an award of phantom stock that vested in accordance with the provisions in a grant made on December 15, 2013. 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 $0.92 per share, based on the market closing price on December 14, 2015. No shares were actually issued, converted, or sold in connection with this transaction.