Filing Details

Accession Number:
0001209191-20-018264
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-11 19:16:29
Reporting Period:
2020-03-09
Accepted Time:
2020-03-11 19:16:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1518832 Wpx Energy Inc. WPX Crude Petroleum & Natural Gas (1311) 451836028
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1555889 M Clay Gaspar 3500 One Williams Center
Tulsa OK 74172
President And Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-09 88,289 $0.00 926,621 No 4 A Direct
Common Stock Acquisiton 2020-03-10 25,000 $3.81 951,621 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2020-03-09 88,289 $0.00 0 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
567,988 No 4 A Direct
Footnotes
  1. Subject to the applicable award agreement, this award vests in the following increments: 29,429 on March 9, 2021, 29,430 on March 9, 2022, and 29,430 on March 9, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares of common stock were purchased in multiple transactions at prices ranging from $3.80 to $3.83, inclusive. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, or a security holder of WPX Energy, Inc., full information regarding the number of shares of common stock purchased at each separate price within the range set forth herein.
  3. Vesting of performance-based awards are subject to compensation committee certification that the Company has met a three-year performance measure, which is based on total shareholder return with absolute and relative dependent measures.
  4. Each performance-based restricted stock unit represents a contingent right to receive a share of common stock, subject to adjustment based on the applicable award agreement and compensation committee certification that the Company has met the three-year performance measure.
  5. Subject to the applicable award agreement and compensation committee certification that the Company has met the applicable three-year performance measure, this award vests on March 9, 2023.