SEC Form 4 · accession 0001127602-16-069323
SOUTHWESTERN ENERGY CO · SWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Craig Owen
Officer — Senior Vice President & CFO
Period of report
Dec 4, 2016
Accepted (ET)
Dec 6, 2016 · 5:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000007332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 4, 2016 | F | 4,584 | $11.67 | D | 101,649 | D | |
| Common Stock | Dec 5, 2016 | F | 919 | $12.29 | D | 100,730 | D | |
| Common Stock | Dec 6, 2016 | F | 1,095 | $12.29 | D | 99,635 | D | |
| Common Stock | Dec 6, 2016 | M | 37,500 | $7.74 | A | 137,135 | D | |
| Common StockF1 | Dec 6, 2016 | S | 37,500 | $12.2198 | D | 99,635 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $7.74 | Dec 6, 2016 | M | 37,500 | D | Dec 4, 2016 | Dec 4, 2022 | Common Stock | 37,500 | 112,370 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $12.205 to $12.23. The price reported above in Column 4 reflects the average sale price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F2Options become exercisable in three equal installments beginning on the first anniversary of the grant date specified in Column 3 or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control.