SEC Form 4 · accession 0001209191-15-052411

PostRock Energy Corp · PSTR

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

Reporting owner

Officer — CEO · Director

Period of report

Apr 2, 2015

Accepted (ET)

Jun 11, 2015 · 6:17 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001473061

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock (Option to Buy)^F1	$1.84	Apr 2, 2015	A	44,022	A	—	Apr 2, 2020	Common Stock	44,022	44,022	D
Phantom Stock^F3,F2	—	Apr 2, 2015	A	27,514	A	—	—	Common Stock	27,514	81,928	D
Phantom Stock^F4	—	Apr 2, 2015	A	54,348	A	—	—	Common Stock	54,348	136,276	D

F1This option vests in three equal annual installments beginning on 04/02/2016.
F2The shares of phantom stock vest in three equal annual installments beginning on the first anniversary of the grant date. The vested shares of phantom stock become payable in cash or common stock (with any fractional shares paid in cash), at the election of the recipient, following the occurrence of qualifying distribution events specified in the plan. Each share of phantom stock is issued under the issuer's deferred compensation plan and is the economic equivalent of one share of common stock.
F3The number of derivative securities beneficially owned following the reported transaction also reflects a 10:1 reverse stock split of the issuer's common stock, which became effective on January 2, 2015.
F4These shares of Phantom Stocks vest 55% immediately, 35% at the first anniversary, and 10% at the second anniversary. Each share of phantom stock is issued under the issuer's deferred compensation plan and is the economic equivalent of one share of common stock.