SEC Form 4 · accession 0000899243-18-023845
Montage Resources Corp · MR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy Steward
Officer — SVP & Chief Accounting Officer
Period of report
Aug 31, 2018
Accepted (ET)
Sep 5, 2018 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 31, 2018 | F | 4,945 | $1.40 | D | 272,093 | D | |
| Common StockF2 | Aug 31, 2018 | M | 51,287 | $0.00 | A | 323,380 | D | |
| Common StockF3 | Aug 31, 2018 | F | 14,837 | $1.40 | D | 308,543 | D | |
| Common StockF4 | Aug 31, 2018 | F | 14,857 | $1.40 | D | 293,686 | D | |
| Common StockF5 | Aug 31, 2018 | M | 77,035 | $0.00 | A | 370,721 | D | |
| Common StockF6 | Aug 31, 2018 | F | 22,286 | $1.40 | D | 348,435 | D | |
| Common StockF7 | Aug 31, 2018 | F | 12,937 | $1.40 | D | 335,498 | D | |
| Common StockF8 | Aug 31, 2018 | M | 44,719 | $0.00 | A | 380,217 | D | |
| Common StockF9 | Aug 31, 2018 | F | 12,937 | $1.40 | D | 367,280 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF2 | — | Aug 31, 2018 | M | 51,287 | D | — | — | Common Stock | 51,287 | 0 | D |
| Performance UnitsF5 | — | Aug 31, 2018 | M | 77,035 | D | — | — | Common Stock | 77,035 | 0 | D |
| Performance UnitsF8 | — | Aug 31, 2018 | M | 44,719 | D | — | — | Common Stock | 44,719 | 0 | D |
Explanation of responses
- F1Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units on August 31, 2018 for an award that the Reporting Person was granted on April 22, 2016.
- F2On April 22, 2016, the Reporting Person was granted 51,287 performance stock units with each unit representing the right to receive one share of the Issuer's common stock, all of which vested on August 31, 2018.
- F3Represents shares withheld to satisfy tax obligations upon the vesting of the performance stock units described in Footnote No. 2.
- F4Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units on August 31, 2018 for an award that the Reporting Person was granted on February 24, 2017.
- F5On February 24, 2017, the Reporting Person was granted 77,035 performance stock units with each unit representing the right to receive one share of the Issuer's common stock, all of which vested on August 31, 2018.
- F6Represents shares withheld to satisfy tax obligations upon the vesting of the performance stock units described in Footnote No. 5.
- F7Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units on August 31, 2018 for an award that the Reporting Person was granted on February 23, 2018.
- F8On February 23, 2018, the Reporting Person was granted 44,719 performance stock units with each unit representing the right to receive one share of the Issuer's common stock, all of which vested on August 31, 2018.
- F9Represents shares withheld to satisfy tax obligations upon the vesting of the performance stock units described in Footnote No. 8.