SEC Form 4 · accession 0000899243-16-018337
PDC ENERGY, INC. · PDCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Trimble
Director
Period of report
Apr 18, 2016
Accepted (ET)
Apr 20, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 18, 2016 | M | 32,959 | $30.19 | A | 233,755 | D | |
| Common StockF1 | Apr 18, 2016 | D | 16,380 | $60.75 | D | 217,375 | D | |
| Common Stock | Apr 18, 2016 | M | 41,646 | $37.18 | A | 259,021 | D | |
| Common StockF2 | Apr 18, 2016 | D | 25,489 | $60.75 | D | 233,532 | D | |
| Common Stock | Apr 18, 2016 | M | 27,764 | $49.57 | A | 261,296 | D | |
| Common StockF3 | Apr 18, 2016 | D | 22,655 | $60.75 | D | 238,641 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF4 | $30.19 | Apr 18, 2016 | M | 32,959 | D | Jan 16, 2013 | Jan 16, 2022 | Common Stock | 32,959 | 0 | D |
| Stock Appreciation RightsF5 | $37.18 | Apr 18, 2016 | M | 41,646 | D | Jan 16, 2014 | Jan 15, 2023 | Common Stock | 41,646 | 0 | D |
| Stock Appreciation RightsF7,F6 | $49.57 | Apr 18, 2016 | M | 27,764 | D | Dec 31, 2014 | Jan 15, 2024 | Common Stock | 27,764 | 13,882 | D |
Explanation of responses
- F1Includes 16,380 shares representing the deemed exercise price.
- F2Includes 25,489 shares representing the deemed exercise price.
- F3Includes 22,655 shares representing the deemed exercise price.
- F4Stock Appreciation Rights ("SARs") vest incrementally beginning on January 16, 2013.
- F5SARs vest incrementally beginning on January 16, 2014.
- F6SARs vest incrementally beginning on December 31, 2014.
- F7Represents unvested SARs from original award.