SEC Form 4 · accession 0001246360-17-002594
NEWFIELD EXPLORATION CO /DE/ · NFX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George T Dunn
Officer — Sr VP - Development
Period of report
Aug 15, 2017
Accepted (ET)
Aug 17, 2017 · 6:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912750
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1,F2 | Aug 15, 2017 | M | 3,454 | $0.00 | A | 164,335 | D | |
| common stockF1,F2 | Aug 15, 2017 | M | 5,680 | $0.00 | A | 170,015 | D | |
| common stockF1,F2 | Aug 15, 2017 | M | 3,577 | $0.00 | A | 173,592 | D | |
| common stockF2 | Aug 15, 2017 | D | 12,711 | $25.415 | D | 160,881 | D | |
| common stock | Aug 15, 2017 | F | 10,666 | $25.415 | D | 150,215 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2017 | M | 3,454 | D | Aug 15, 2015 | Feb 15, 2018 | common stock | 3,454 | 3,454 | D |
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2017 | M | 5,680 | D | Aug 15, 2016 | Feb 15, 2019 | common stock | 5,680 | 11,360 | D |
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2017 | M | 3,577 | D | Aug 15, 2017 | Feb 15, 2020 | common stock | 3,577 | 10,733 | D |
Explanation of responses
- F1Each cash-settled restricted stock unit subject to this award is the economic equivalent of one share of the issuer's common stock and may be settled solely in cash.
- F2These transactions reflect the conversion of cash-settled restricted stock units into cash (i.e., the deemed acquisition and simultaneous disposition of the underlying shares of stock).