SEC Form 4 · accession 0001209191-16-115752
Montage Resources Corp · MR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Kent Hulburt
Officer — EVP, Secretary & Gen. Counsel · Director
Period of report
Apr 22, 2016
Accepted (ET)
Apr 26, 2016 · 5:18 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 | Apr 22, 2016 | A | 177,376 | $0.00 | A | 391,992 | 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 | — | Apr 22, 2016 | A | 177,376 | A | — | — | Common Stock | 177,376 | 0 | D |
Explanation of responses
- F1Represents restricted stock units representing the right to receive one share of common stock per unit granted on April 22, 2016 under the Company's 2014 Long-Term Incentive Plan, which vest in three equal installments of 33.33%, 33.33% and 33.33% on April 22, 2017, April 22, 2018 and April 22, 2019, respectively.
- F2Represents performance units representing the right to receive one share of common stock granted on April 22, 2016 under the Company's 2014 Long-Term Incentive Plan, the vesting of which is subject to the satisfaction of certain performance criteria in the period beginning January 1, 2016 and ending December 31, 2018.