SEC Form 4 · accession 0001209191-15-021200

WPX ENERGY, INC.

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

Reporting owner

Officer — SVP and General Counsel

Period of report

Feb 28, 2015

Accepted (ET)

Mar 3, 2015 · 4:12 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001518832

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Feb 28, 2015	M	12,297	—	A	12,297	D
Common Stock^F2	Feb 28, 2015	F	4,009	$10.78	D	8,288	D
Common Stock^F3,F4	Feb 28, 2015	M	4,796	—	A	13,084	D
Common Stock^F2	Feb 28, 2015	F	1,818	$10.78	D	11,266	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F5	—	Feb 28, 2015	M	12,297	D	—	—	Common Stock	12,297	27,990	D
Restricted Stock Units^F6,F4,F5,F3	—	Feb 28, 2015	M	7,378	D	—	—	Common Stock	4,796	21,516	D

F1Each time-based restricted stock unit represented a contingent right to receive a share of common stock, subject to the applicable award agreement.
F2Represents shares withheld to satisfy withholding tax obligations due upon vesting of restricted stock units.
F3Number of shares of common stock paid out was less than the number of performance-based restricted stock units originally granted based on the applicable award agreement and a performance factor of 0.65.
F4Each performance-based restricted stock unit represented a contingent right to receive a share of common stock, subject to adjustment based on the applicable award agreement and compensation committee certification that the Company had met the three-year performance measure.
F5Award vested on February 28, 2015.
F6Vesting of performance-based awards are subject to compensation committee certification that the Company has met a three-year performance measure, which is based on total shareholder return with absolute and relative dependent measures.