SEC Form 4 · accession 0001127602-17-007760
SOUTHWESTERN ENERGY CO · SWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles G Stoute
Officer — Vice President -- HS&E
Period of report
Feb 20, 2017
Accepted (ET)
Feb 22, 2017 · 4:42 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 | Feb 20, 2017 | A | 1,737 | $8.68 | A | 19,285 | D | |
| Common Stock | Feb 20, 2017 | F | 568 | $8.68 | D | 18,717 | D | |
| Common StockF3 | Feb 21, 2017 | A | 11,830 | $0.00 | A | 30,547 | D | |
| Common Stock | holding | — | — | — | 5,431 | I | by 401(k) Plan |
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)F3,F4 | $8.59 | Feb 21, 2017 | A | 26,130 | A | Feb 21, 2018 | Feb 21, 2024 | Common Stock | 26,130 | 26,130 | D |
Explanation of responses
- F1February 20, 2017, distribution to reporting person of issuer's common stock pursuant to Performance Unit Award Agreement dated December 5, 2013.
- F2Represents net share settlement of common stock award to satisfy withholding taxes on February 20, 2017.
- F3Restricted stock and options granted in consideration of services as an officer.
- F4Options 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.