0001209191-17-008863.txt : 20170208
0001209191-17-008863.hdr.sgml : 20170208
20170208181131
ACCESSION NUMBER: 0001209191-17-008863
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170207
FILED AS OF DATE: 20170208
DATE AS OF CHANGE: 20170208
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: 17583807
MAIL ADDRESS:
STREET 1: 1050 17TH STREET, SUITE 800
CITY: DENVER
STATE: CO
ZIP: 80265
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-02-07
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
740775
D
Common Stock
38081.448
I
Employee Investment Plan
Phantom Stock Units
0.00
2017-02-07
4
A
0
21778
0.00
A
Phantom Stock Units
21778
384230
D
Phantom Stock Units
0.00
2017-02-07
4
M
0
82270
0.00
D
Phantom Stock Units
82270
301960
D
Phantom Stock Units
0.00
Phantom Stock Units
53605.1882
53605.1882
D
Stock Option
27.55
2013-03-05
2017-03-05
Common Stock
62000
62000
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
2016-03-05
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
Some of these shares are held in a trust for which I and my spouse are trustees.
Represents the above-target earned portion of the phantom stock unit. In 2014, QEP granted 60,492 phantom stock units, which amount was equal to the cash amount to be received if target performance was achieved. Payout was made at 136 percent of target.
These phantom units are associated with QEP's Cash Incentive Plan.
In accordance with QEP's Cash Incentive Plan, the total represents PSUs on which payout was made in cash at 136 percent of target, including target PSUs granted in 2014 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, 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
2017-02-08