SEC Form 4 · accession 0001209191-17-002560
CABOT OIL & GAS CORP · COG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey W Hutton
Officer — Sr. Vice President, Marketing
Period of report
Jan 5, 2017
Accepted (ET)
Jan 6, 2017 · 1:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000858470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 5, 2017 | M | 10,024 | — | A | 608,570 | D | |
| Common Stock | Jan 5, 2017 | F | 4,469 | $23.11 | D | 604,101 | D | |
| Common StockF2 | holding | — | — | — | 6,783 | I | Held in 401(k) Plan. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1 | — | Jan 5, 2017 | M | 11,793 | D | — | Jan 5, 2017 | Common | 11,793 | 0 | D |
Explanation of responses
- F1Each performance share represented the right to receive up to one share of common stock, based on certain performance criteria in a three year performance period which ended 12/31/2016. The Compensation Committee of the Board of Directors certified the results on 01/05/2017, which resulted in 85% of the stock being paid out.
- F2Based on a statement dated December 31, 2016 for shares held by the reporting person under the Cabot Oil & Gas Savings Investment Plan.