SEC Form 4 · accession 0000077159-15-000006
PENN VIRGINIA CORP · PVAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary K Wright
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 21, 2015 · 9:51 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 | Jan 2, 2015 | M | 1,776 | — | A | 1,776 | 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 StockF2,F3,F4 | $0.00 | Jan 2, 2015 | M | 1,776 | D | — | — | Common Stock ($0.01 par value) | 1,776 | 80,124 | D |
Explanation of responses
- F11,776 shares of deferred common stock converted into an equal number of shares of common stock on January 2, 2015 pursuant to the Amended and Restated Non-Employee Directors Deferred Compensation Plan (the "Plan").
- F2The conversion rate is 1 for 1.
- F3The deferred common stock converts to shares of common stock automatically upon the occurrence of certain events described in the Plan.
- F4Not applicable.