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