SEC Form 4 · accession 0001209191-16-109118
REX ENERGY CORP · REXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Pratt
Officer — Sr. VP, Exploration Manager
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 4:33 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 | Mar 15, 2016 | F | 4,558 | $0.00 | D | 45,509 | D | |
| Common StockF2 | Mar 15, 2016 | A | 4,717 | $0.00 | A | 50,226 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $1.69 | Mar 15, 2016 | A | 8,998 | A | — | Mar 15, 2023 | Common Stock | 8,998 | 38,998 | D |
Explanation of responses
- F1The reporting person had an award of performance based restricted stock vest in accordance with the provisions in a grant made on May 8, 2013. In connection with the vesting, 4,558 shares were sold to cover tax withholding obligations.
- F2Represents shares of restricted stock granted pursuant to the Issuer's Amended and Restated 2007 Long-Term Incentive Plan and subject to forfeiture based on a one year cliff vest requirement.
- F3Vests and is exercisable in one-third increments on the first, second, and third anniversaries of the date of grant.