SEC Form 4 · accession 0001127602-16-057233
EQT Corp · EQT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall L Crawford
Officer — Senior Vice President
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 5:08 pm EDT
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 Stock | Jun 30, 2016 | M | 21,400 | $43.92 | A | 90,723 | D | |
| Common StockF1 | Jun 30, 2016 | F | 16,419 | $77.30 | D | 74,304 | D | |
| Common StockF2 | Jun 30, 2016 | S | 4,981 | $77.21 | D | 69,323 | D | |
| Common Stock | holding | — | — | — | 9,608 | I | Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F3 | $43.92 | Jun 30, 2016 | M | 21,400 | D | Dec 31, 2010 | Jan 1, 2017 | Common Stock | 21,400 | 0 | D |
Explanation of responses
- F1On June 30, 2016, Mr. Crawford exercised 21,400 previously reported stock options. EQT Corporation, consistent with its practice, withheld 16,419 shares to satisfy the tax liability and exercise price associated with these options.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.05 to $77.38, inclusive. The reporting person undertakes to provide EQT Corporation, any security holder of EQT Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3January 1, 2010 was the grant date of the options. The options vested in three tranches with 50% vesting on December 31, 2010, 25% vesting on December 31, 2011 and 25% vesting on December 31, 2012.