SEC Form 4 · accession 0001507170-16-000001
PENN VIRGINIA CORP · PVAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A. Hartman
Officer — Sr. VP and CFO
Period of report
Sep 12, 2016
Accepted (ET)
Sep 14, 2016 · 3:31 pm EDT
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 valueF1 | Sep 12, 2016 | J | 166,370 | $0.00 | D | 101,020 | D | |
| Common Stock ($0.01) par valueF2 | Sep 12, 2016 | J | 99,805 | $0.00 | D | 1,215 | D | |
| Common Stock ($0.01) par valueF2 | Sep 12, 2016 | J | 1,215 | $0.00 | D | 0 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Sep 12, 2016 | J | 166,370 | D | Sep 12, 2016 | Sep 12, 2016 | Common Stock ($0.01 par value) | 166,370 | 0 | D |
Explanation of responses
- F1The reporting person's restricted stock units were cancelled upon the issuer's emergence from bankruptcy on September 12, 2016 (the "Effective Date").
- F2Pursuant to the Plan of Reorganization approved by the Board of Directors and filed with the bankruptcy court, the Issuer's common stock was cancelled on the Effective Date.