SEC Form 4 · accession 0001127602-18-006197
EOG RESOURCES INC · EOG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Trice
Officer — EVP Exploration and Production
Period of report
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 6:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821189
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 12, 2018 | A | 9,816 | $0.00 | A | 81,040 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective September 29, 2014, the Reporting Person received an award of 4,908 Performance Units. The performance metric applicable to the award was the Total Shareholder Return of the Issuer over a three-year performance period (January 2015 through December 2017) relative to the Total Shareholder Return of each of the Issuer's Peer Companies. Pursuant to the terms of the award agreement, between 0% and 200% of the award could be earned based on the Issuer's TSR Rank. The Issuer's TSR Rank and applicable Performance Multiple (each as certified by the Compensation Committee of the Issuer's Board of Directors, effective February 12, 2018) was 1 and 200%, respectively. Accordingly, an additional 4,908 Performance Units have been credited to the Reporting Person. Subject to the terms of the award agreement, (i) the 9,816 aggregate Performance Units will "cliff" vest on September 29, 2019 and (ii) shares of the Issuer's common stock represented by the Performance Units (on a one-for-one basis) will be distributed to the Reporting Person following such vesting date. Defined terms used herein have the meanings set forth in the form of agreement governing the Performance Units award, which is filed as Exhibit 10.1 to the Issuer's Quarterly Report on Form 10-Q for the quarter ended September 30, 2014, filed on November 4, 2014.