SEC Form 4 · accession 0000751652-16-000425
QUESTAR CORP · STR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa Beck
Director
Period of report
Sep 16, 2016
Accepted (ET)
Sep 19, 2016 · 7:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000751652
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 16, 2016 | D | 14,585 | $25.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2,F3,F4 | — | Sep 16, 2016 | D | 44,387 | D | — | — | Phantom Stock Units | 44,387 | 0 | D |
| Phantom Stock UnitsF2,F3,F5 | — | Sep 16, 2016 | D | 93,337 | D | — | — | Phantom Stock Units | 93,337 | 0 | D |
| Restricted Stock UnitF6,F7 | — | Sep 16, 2016 | D | 13,176 | D | — | — | Restricted Stock Unit | 13,176 | 0 | D |
Explanation of responses
- F1This total reflects a gift of Stock for 5616.689 shares on August 22, 2016.
- F2Each phantom stock unit is the economic equivalent of one share of common stock. The shares of phantom stock become payable at the election of the reporting person, upon the reporting person's termination of service as a director.
- F3Phantom Stock Units were to be settled in shares of Questar common stock following the reporting person's termination of employment with Questar, but each Phantom Stock Unit is being settled in connection with the Merger for an amount equal to the Merger consideration of $25 per share.
- F4I have been granted restricted phantom stock under Questar's Long-term Stock Incentive Plan. Such units are credited with dividends.
- F5I deferred my director's fees, and such fees are accounted for in phantom stock units that are credited with dividends.
- F6Each deferred restricted stock unit represents a contingent right to receive one share of common stock.
- F7Restricted Stock Units were to be settled in shares of Questar common stock following the reporting person's termination of employment with Questar, but each Restricted Stock Unit is being settled in connection with the Merger for an amount equal to the Merger consideration of $25 per share.