SEC Form 4 · accession 0001246360-18-002071
NEWFIELD EXPLORATION CO /DE/ · NFX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy D. Yang
Officer — General Counsel and Secretary
Period of report
Aug 15, 2018
Accepted (ET)
Aug 16, 2018 · 9:35 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, 2018 | M | 2,198 | $0.00 | A | 32,019 | D | |
| common stockF1,F2 | Aug 15, 2018 | M | 1,945 | $0.00 | A | 33,964 | D | |
| common stockF1,F2 | Aug 15, 2018 | M | 1,740 | $0.00 | A | 35,704 | D | |
| common stockF2 | Aug 15, 2018 | D | 5,883 | $25.9425 | D | 29,821 | D | |
| common stock | Aug 15, 2018 | F | 4,631 | $25.9425 | D | 25,190 | 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, 2018 | M | 2,198 | D | Aug 15, 2017 | Feb 15, 2020 | common stock | 2,198 | 4,395 | D |
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2018 | M | 1,945 | D | Aug 15, 2018 | Feb 15, 2021 | common stock | 1,945 | 5,836 | D |
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2018 | M | 1,740 | D | Aug 15, 2016 | Feb 15, 2019 | common stock | 1,740 | 1,740 | 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).