0000316300-16-000091.txt : 20160309
0000316300-16-000091.hdr.sgml : 20160309
20160309152849
ACCESSION NUMBER: 0000316300-16-000091
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160307
FILED AS OF DATE: 20160309
DATE AS OF CHANGE: 20160309
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EXCO RESOURCES INC
CENTRAL INDEX KEY: 0000316300
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 741492779
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 12377 MERIT DR
STREET 2: SUITE 1700
CITY: DALLAS
STATE: TX
ZIP: 75251
BUSINESS PHONE: 2143682084
MAIL ADDRESS:
STREET 1: 12377 MERIT DR
STREET 2: SUITE 1700
CITY: DALLAS
STATE: TX
ZIP: 75251
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Burnett Richard Alan
CENTRAL INDEX KEY: 0001600737
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32743
FILM NUMBER: 161494373
MAIL ADDRESS:
STREET 1: 12377 MERIT DRIVE, SUITE 1700
CITY: DALLAS
STATE: TX
ZIP: 75251
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-03-07
0000316300
EXCO RESOURCES INC
XCO
0001600737
Burnett Richard Alan
12377 MERIT DRIVE
SUITE 1700
DALLAS
TX
75251
0
1
0
0
CFO & Chief Accounting Officer
Common Stock, par value $0.001 per share
2016-03-07
4
A
0
64241
0
A
607527
D
Common Stock, par value $0.001 per share
2016-03-08
4
S
0
64241
1.5145
D
543286
D
Represents shares of restricted common stock issued to the reporting person pursuant to the EXCO Resources, Inc. 2015 Management Incentive Plan, as amended (the "MIP"), all of which shares are fully vested. The MIP provides for the payment of performance-based awards to eligible employees, of which seventy-five percent (75%) of the award is payable in cash and twenty-five percent (25%) of the award is payable in shares of fully-vested restricted stock (collectively, the "Award Amount") issued pursuant to the EXCO Resources, Inc. Amended and Restated 2005 Long-Term Incentive Plan, as amended (the "Plan").
Represents shares sold to pay the tax liability associated with the Award Amount.
This transaction was executed in multiple trades at prices ranging from $1.41 to $1.61. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
/s/ Richard Alan Burnett
2016-03-09