SEC Form 4 · accession 0001209191-17-013823
CABOT OIL & GAS CORP · COG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew P Kerin
Officer — Vice Pres & Treasurer
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 4:46 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 | Feb 21, 2017 | A | 2,500 | $0.00 | A | 7,169 | D | |
| Common Stock | Feb 21, 2017 | F | 1,182 | $22.85 | D | 5,987 | D | |
| Common Stock | Feb 21, 2017 | A | 794 | $0.00 | A | 6,781 | D | |
| Common Stock | Feb 21, 2017 | F | 376 | $22.93 | D | 6,405 | D | |
| Common Stock | Feb 21, 2017 | A | 1,708 | $0.00 | A | 8,113 | D | |
| Common Stock | Feb 21, 2017 | F | 765 | $22.93 | D | 7,348 | D | |
| Common StockF4 | holding | — | — | — | 730 | 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 SharesF5 | $0.00 | Feb 22, 2017 | A | 13,274 | A | — | Dec 31, 2019 | Common | 13,274 | 13,274 | D |
Explanation of responses
- F1Each performance share represented the right to receive common stock in an amount ranging from 0-100% of the performance shares awarded 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 02/21/2017.
- F2Vesting of hybrid performance shares granted on February 19, 2015.
- F3Vesting of hybrid performance shares granted on February 17, 2016.
- F4Based on a statement dated December 31, 2016 for shares held by the reporting person under the Cabot Oil & Gas Savings Investment Plan.
- F5The performance shares provide for payment in common stock and cash in an amount ranging from 0-200% of the performance shares awarded, based upon certain performance criteria over a three year performance period, beginning January 1, 2017 and ending December 31, 2019.