SEC Form 4 · accession 0001246360-18-002074
NEWFIELD EXPLORATION CO /DE/ · NFX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence S Massaro
Officer — EVP & Chief Financial Officer
Period of report
Aug 15, 2018
Accepted (ET)
Aug 16, 2018 · 9:42 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 | 9,015 | $0.00 | A | 207,987 | D | |
| common stockF1,F2 | Aug 15, 2018 | M | 6,335 | $0.00 | A | 214,322 | D | |
| common stockF1,F2 | Aug 15, 2018 | M | 4,816 | $0.00 | A | 219,138 | D | |
| common stockF2 | Aug 15, 2018 | D | 20,166 | $25.9425 | D | 198,972 | D | |
| common stock | Aug 15, 2018 | F | 15,872 | $25.9425 | D | 183,100 | D | |
| common stock | holding | — | — | — | 8,241 | I | By 401(k) |
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 | 9,015 | D | Aug 15, 2016 | Feb 15, 2019 | common stock | 9,015 | 9,015 | D |
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2018 | M | 6,335 | D | Aug 15, 2017 | Feb 15, 2020 | common stock | 6,335 | 12,670 | D |
| Phantom Stock UnitF1 | $0.00 | Aug 15, 2018 | M | 4,816 | D | Aug 15, 2018 | Feb 15, 2021 | common stock | 4,816 | 14,449 | 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).