SEC Form 4/A · accession 0001209191-18-005982
Montage Resources Corp · MR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Christopher Kent Hulburt
Officer — EVP, Secretary & Gen. Counsel · Director
Period of report
Jan 19, 2018
Accepted (ET)
Jan 30, 2018 · 3:02 pm EST
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 | Jan 19, 2018 | M | 35,697 | — | A | 672,492 | D | |
| Common StockF2,F3 | Jan 19, 2018 | F | 11,701 | $2.40 | A | 660,791 | D | |
| Common StockF4 | holding | — | — | — | 248,329 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitF1 | — | Jan 19, 2018 | M | 35,697 | A | — | — | Common Stock | 35,697 | 0 | D |
Explanation of responses
- F1On February 23, 2015, the Reporting Person was granted 47,596 performance stock units pursuant to the issuer's 2014 Long-Term Incentive Plan, with each unit representing the right to receive one share of the issuer's common stock. The vesting of the performance stock units was subject to the satisfaction of certain performance criteria during the period beginning on January 1, 2015 and ending on December 31, 2017. On January 19, 2018, 35,697 of the performance stock units vested, and as a result, the Reporting Person received 35,697 shares of the issuer's common stock.
- F2The original Form 4 filed on January 23, 2018 is amended by this Form 4 amendment to correctly reflect the number of shares withheld to satisfy such tax obligations and the amount of securities beneficially owned by the Reporting Person following such transaction has also been updated accordingly.
- F3Represents the issuer's closing stock price per share as of the end of the applicable performance period, which was December 31, 2017.
- F4Represents shares of the issuer's stock held by CKH Parnters II, L.P., which is controlled by the Reporting Person.