SEC Form 4 · accession 0001127602-15-006453
EQT Corp · EQT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theresa Z Bone
Officer — VP Fin and Chief Acct Officer
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000033213
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 12, 2015 | M | 3,986 | $0.00 | A | 48,517 | D | |
| Common StockF2 | Feb 12, 2015 | F | 1,268 | $80.75 | D | 47,249 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Feb 12, 2015 | M | 3,986 | D | Feb 12, 2015 | Feb 12, 2015 | Common Stock | 3,986 | 0 | D |
| Restricted Stock UnitsF4,F5 | — | Feb 12, 2015 | A | 3,429 | A | — | — | Common Stock | 3,429 | 3,429 | D |
Explanation of responses
- F1On February 12, 2015, 3,986 performance awards under the Company's 2013 Value Driver Award Program (2013 VDA) vested and were paid out in common stock.
- F2The Company, consistent with its practice, withheld shares to satisfy the tax liability associated with the vesting and payout of awards under the 2013 VDA.
- F3Each Restricted Stock Unit was a confirmed performance award under the 2013 VDA representing the contingent right to receive one share of Company common stock. On February 12, 2015, the Restricted Stock Units vested and were paid out in common stock.
- F4Each Restricted Stock Unit is a confirmed performance award under the Company's 2014 Value Driver Award Program and represents a contingent right to receive in cash the economic equivalent of one share of Company common stock.
- F5The Restricted Stock Units will vest and be paid out in cash during the first quarter of 2016 provided that the recipient is employed by the Company on the date that the payment is made.