0001209191-16-102138.txt : 20160224 0001209191-16-102138.hdr.sgml : 20160224 20160224202607 ACCESSION NUMBER: 0001209191-16-102138 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: Torgerson Jim E CENTRAL INDEX KEY: 0001547567 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34778 FILM NUMBER: 161453635 MAIL ADDRESS: STREET 1: 1050 17TH STREET, SUITE 500 CITY: DENVER STATE: CO ZIP: 80237 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-02-22 0 0001108827 QEP RESOURCES, INC. QEP 0001547567 Torgerson Jim E 1050 17TH STREET SUITE 800 DENVER CO 80265 0 1 0 0 Executive VP Operations Common Stock 203671 D Common Stock 16710.713 I Employee Investment Plan Phantom Stock Units 0.00 2016-02-22 4 A 0 1329 0.00 A Phantom Stock Units 1329 163911 D Phantom Stock Units 0.00 2016-02-22 4 M 0 17930 0.00 D Phantom Stock Units 17930 145981 D Phantom Stock Units 0.00 Phantom Stock Units 6132.7051 6132.7051 D Stock Option 19.37 2011-10-28 2015-10-28 Common Stock 75000 75000 D Stock Option 23.98 2012-03-05 2016-03-05 Common Stock 10000 10000 D Stock Option 27.55 2013-03-05 2017-03-05 Common Stock 16000 16000 D Stock Option 39.07 2014-03-05 2018-02-25 Common Stock 12551 12551 D Stock Option 30.90 2015-03-05 2019-02-13 Common Stock 26126 26126 D Stock Option 30.12 2020-02-13 Common Stock 28286 28286 D Stock Option 27.98 2020-09-03 Common Stock 5090 5090 D Stock Option 31.74 2021-02-13 Common Stock 29065 29065 D Stock Option 21.69 2022-02-12 Common Stock 52494 52494 D Stock Option 10.12 2023-02-16 Common Stock 59211 59211 D Represents the above-target earned portion of the phantom stock units ("PSUs"). In 2013, QEP granted 16,601 PSUs which amount was equal to the cash amount to be received if target performance was achieved. Payout was made at 108 percent of target. These PSUs 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 September 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