SEC Form 4 · accession 0000899243-17-009519
PDC ENERGY, INC. · PDCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly Luff Wakim
Director
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077877
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCKF1 | — | Apr 3, 2017 | A | 162 | A | — | — | COMMON STOCK | 162 | 10,372 | D |
Explanation of responses
- F1The shares were acquired by the trustee for $62.34 per share pursuant to PDC's Non-Employee Director Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are held in a rabbi trust and become payable in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.