SEC Form 4 · accession 0001209191-15-022662

WPX ENERGY, INC.

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

Reporting owner

Officer — VP and Controller

Period of report

Mar 2, 2015

Accepted (ET)

Mar 4, 2015 · 8:55 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	Mar 2, 2015	A	14,411	$0.00	A	17,680	D
Common Stock^F2	Mar 3, 2015	M	838	—	A	18,518	D
Common Stock^F3	Mar 3, 2015	F	266	$10.68	D	18,252	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5,F6	—	Mar 2, 2015	A	6,176	A	—	—	Common Stock	6,176	7,602	D
Restricted Stock Units^F2,F7	—	Mar 3, 2015	M	838	D	—	—	Common Stock	838	10,654	D

F1Subject to the applicable award agreement, this award vests in the following increments: 4,803 on March 2, 2016, 4,804 on March 2, 2017, and 4,804 on March 2, 2018.
F2Each time-based restricted stock unit represented a contingent right to receive a share of common stock, subject to the applicable award agreement.
F3Represents shares withheld to satisfy withholding tax obligations due upon vesting of restricted stock units.
F4Vesting 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.
F5Each performance-based restricted stock unit represents 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 has met the three-year performance measure.
F6Subject to the applicable award agreement and compensation committee certification that the Company has met the applicable three-year performance measure, this award vests on March 2, 2018.
F7Award vested on March 3, 2015.