SEC Form 4 · accession 0000077159-15-000001
PENN VIRGINIA CORP · PVAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John U Clarke
Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 9:12 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077159
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock ($0.01 par value)F1 | Dec 31, 2014 | A | 2,245 | — | A | 72,604 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Common Stock UnitsF2 | $0.00 | Dec 31, 2014 | A | 2,245 | A | — | — | Common Stock ($0.01 par value) | 2,245 | 56,273 | D |
Explanation of responses
- F1Grant of common stock as compensation pursuant to the 2013 Amended and Restated Long-Term Incentive Plan. The grant date value of the common stock was $6.68.
- F2Each deferred common stock unit represents one share of the Issuer's common stock, which will be distributed on the date on which Mr. Clarke ceases to serve as a non-employee director of Penn Virginia Corporation.