SEC Form 4 · accession 0001209191-17-002620
CABOT OIL & GAS CORP · COG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C Schroeder
Officer — Executive Vice President & CFO
Period of report
Jan 5, 2017
Accepted (ET)
Jan 6, 2017 · 3:51 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 Stock | May 10, 2016 | G | 11,343 | $0.00 | D | 1,351,589 | D | |
| Common Stock | Dec 1, 2016 | G | 3,675 | $0.00 | D | 1,347,914 | D | |
| Common StockF3 | Jan 5, 2017 | M | 29,102 | — | A | 1,377,016 | D | |
| Common Stock | Jan 5, 2017 | F | 12,472 | $23.11 | D | 1,364,544 | D | |
| Common StockF4 | holding | — | — | — | 6,259 | I | Held by son. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF3 | — | Jan 5, 2017 | M | 34,238 | D | — | Jan 5, 2017 | Common | 34,238 | 0 | D |
Explanation of responses
- F1This transaction involved a gift of common stock by the reporting person to a charitable educational institution.
- F2This transaction involved a gift of common stock by the reporting person to his three sons, only one of whom may be deemed to be sharing the reporting person's household.
- F3Each 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.
- F4The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.