SEC Form 4 · accession 0001127602-18-007201
EQT Corp · EQT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E. Schlosser Jr.
Officer — Senior Vice President
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:22 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 15, 2018 | M | 7,496 | — | A | 70,370 | D | |
| Common StockF2 | Feb 15, 2018 | D | 7,496 | $56.92 | D | 62,874 | D | |
| Common Stock | holding | — | — | — | 269 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 15, 2018 | M | 7,496 | D | Feb 15, 2018 | Feb 15, 2018 | Common Stock | 7,496 | 0 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 15, 2018 | A | 3,672 | A | — | — | Common Stock | 3,672 | 3,672 | D |
Explanation of responses
- F1Each Restricted Stock Unit was a confirmed performance award under the 2016 Value Driver Award Program (2016 VDA) representing a contingent right to receive in cash the economic equivalent of one share of Company common stock. On February 15, 2018, the Restricted Stock Units vested and were paid out in cash based on the closing price of Company common stock on December 29, 2017.
- F2Includes an aggregate of 75 shares purchased since the last applicable report through the EQT Corporation 2008 Employee Stock Purchase Plan.
- F3Each Restricted Stock Unit is a confirmed performance award under the Company's 2017 Value Driver Award Program (2017 VDA) and represents a contingent right to receive in cash the economic equivalent of one share of Company common stock.
- F4The Restricted Stock Units will vest and be paid out in cash during the first quarter of 2019 provided that the recipient is employed by the Company on the date that the payment is made.