SEC Form 4 · accession 0001209191-15-052417
PostRock Energy Corp · PSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen L DeGiusti
Officer — Exec.VP, Gen'l Cnsl & Secetary
Period of report
Apr 2, 2015
Accepted (ET)
Jun 11, 2015 · 6:21 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.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (option to buy)F1 | $1.84 | Apr 2, 2015 | A | 37,935 | A | — | Apr 2, 2020 | Common Stock | 37,935 | 37,935 | D |
| Phantom StockF3,F2 | — | Apr 2, 2015 | A | 23,709 | A | — | — | Common Stock | 23,709 | 37,582 | D |
Explanation of responses
- 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.