0001209191-16-102126.txt : 20160224
0001209191-16-102126.hdr.sgml : 20160224
20160224200310
ACCESSION NUMBER: 0001209191-16-102126
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160222
FILED AS OF DATE: 20160224
DATE AS OF CHANGE: 20160224
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: QEP RESOURCES, INC.
CENTRAL INDEX KEY: 0001108827
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 870287750
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1050 17TH STREET, SUITE 500
CITY: DENVER
STATE: CO
ZIP: 80265
BUSINESS PHONE: 303-672-6961
MAIL ADDRESS:
STREET 1: 1050 17TH STREET, SUITE 500
CITY: DENVER
STATE: CO
ZIP: 80265
FORMER COMPANY:
FORMER CONFORMED NAME: QUESTAR MARKET RESOURCES INC
DATE OF NAME CHANGE: 20000309
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STANLEY CHARLES B
CENTRAL INDEX KEY: 0001178565
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34778
FILM NUMBER: 161453606
MAIL ADDRESS:
STREET 1: 180 EAST 100 SOUTH
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84111
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-02-22
0
0001108827
QEP RESOURCES, INC.
QEP
0001178565
STANLEY CHARLES B
1050 17TH STREET
SUITE 800
DENVER
CO
80265
1
1
0
0
President and CEO
Common Stock
776976
D
Common Stock
17855.037
I
Employee Investment Plan
Phantom Stock Units
0.00
2016-02-22
4
A
0
4073
0.00
A
Phantom Stock Units
4073
417433
D
Phantom Stock Units
0.00
2016-02-22
4
M
0
54981
0.00
D
Phantom Stock Units
54981
362452
D
Phantom Stock Units
0.00
Phantom Stock Units
53605.1882
53605.1882
D
Stock Option
39.07
2014-03-05
2018-02-25
Common Stock
63588
63588
D
Stock Option
30.90
2015-03-05
2019-02-13
Common Stock
90350
90350
D
Stock Option
30.12
2020-02-13
Common Stock
100088
100088
D
Stock Option
31.74
2021-02-13
Common Stock
87194
87194
D
Stock Option
21.69
2022-02-12
Common Stock
125985
125985
D
Stock Option
10.12
2023-02-16
Common Stock
142106
142106
D
Stock Option
27.55
2013-03-05
2017-03-05
Common Stock
62000
62000
D
Stock Option
23.98
2012-03-05
2016-03-05
Common Stock
108000
108000
D
Some of these shares are held in the CJ Trust of which I am a trustee.
Represents the above-target earned portion of the phantom stock units (PSUs). In 2013, QEP granted 50,908 PSUs, which amount was equal to the cash amount to be received if target performance was achieved. Payout was made at 108 percent.
These units are associated with QEP's Cash Incentive Plan for the performance period ended December 31, 2015.
In accordance with QEP's Cash Incentive Plan, the total represents PSUs on which payout was made in cash at 108 percent of target, including target PSUs granted in 2013 and above-target PSUs earned based on performance.
Phantom stock units will be payable in cash on the date of, or at a designated anniversary date following, the first to occur of the reporting person's (i) distribution election date which is not earlier than two years from the plan year (ii) separation from service from QEP (subject to 6-month delay if necessary to comply with IRC 409A), (iii) death or (iv) disability, pursuant to the QEP Resources, Inc. Deferred Compensation Wrap Plan. This total includes shares attributable to the 401(k) supplemental program of the Deferred Compensation Wrap Plan. Consequently, share totals may change without any visible activity.
The option vests in three annual installments beginning on March 5, 2014, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
The option vests in three annual installments beginning on March 5, 2015, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
The option vests in three annual installments beginning on March 5, 2016, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
The option vests in three annual installments beginning on March 5, 2017, subject to accelerated vesting upon the occurrence of certain events as set forth in the award agreement.
/s/ Dane E. Allen, Attorney in Fact
2016-02-24