0001127602-20-020916.txt : 20200702 0001127602-20-020916.hdr.sgml : 20200702 20200702163148 ACCESSION NUMBER: 0001127602-20-020916 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200702 DATE AS OF CHANGE: 20200702 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ale John C. CENTRAL INDEX KEY: 0001548336 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08246 FILM NUMBER: 201009866 MAIL ADDRESS: STREET 1: 2350 N. SAM HOUSTON PARKWAY STREET 2: SUITE 125 CITY: HOUSTON STATE: TX ZIP: 77032 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWESTERN ENERGY CO CENTRAL INDEX KEY: 0000007332 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 710205415 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10000 ENERGY DRIVE CITY: SPRING STATE: TX ZIP: 77389 BUSINESS PHONE: 832-796-4700 MAIL ADDRESS: STREET 1: 10000 ENERGY DRIVE CITY: SPRING STATE: TX ZIP: 77389 FORMER COMPANY: FORMER CONFORMED NAME: ARKANSAS WESTERN GAS CO DATE OF NAME CHANGE: 19790917 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2020-06-30 1 0000007332 SOUTHWESTERN ENERGY CO SWN 0001548336 Ale John C. 10000 ENERGY DRIVE SPRING TX 77389 1 Retired SVP & General Counsel Common Stock 2020-06-30 4 M 0 106375 0 A 319374 D Common Stock 2020-06-30 4 F 0 23403 2.56 D 295971 D Common Stock 2020-06-30 4 M 0 158040 0 A 454011 D Common Stock 2020-06-30 4 F 0 49661 2.56 D 404350 D Common Stock 2020-06-30 4 M 0 378903 0 A 783253 D Common Stock 2020-06-30 4 F 0 149099 2.56 D 634154 D Restricted Stock Unit 0 2020-06-30 4 M 0 106375 0 D Common Stock 106375 0 D Restricted Stock Unit 2020-06-30 4 M 0 158040 0 D Common Stock 158040 0 D Restricted Stock Unit 2020-06-30 4 M 0 378903 0 D Common Stock 378903 0 D Each Restricted Stock Unit ("RSU") has the economic equivalent of one share of Southwestern Energy Company ("SWN") common stock. The RSUs vesting on June 30, 2020 were settled in common stock based on the closing price of SWN common stock on the vesting date. On February 27, 2018, the reporting person was granted RSUs vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control. Vesting units will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash. On February 26, 2019, the reporting person was granted RSUs, vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with the required years of service, or a change in control. Vesting RSUs will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash. On February 26, 2020, the reporting person was granted restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control. Each restricted stock unit that vests will entitle the holder to receive, payable in common stock or cash at the Compensation Committee's option, a value based on an adjusted stock price, calculated as the sum of (1) the closing stock price on the date of grant and (2) 50 percent of the difference between (a) the closing stock price on the date of vesting and (b) the closing stock price on the date of grant. The reporting person received 378,903 shares of common stock in settlement of the restricted stock units granted on February 26, 2020. In accordance with the terms of the award agreement, the number of shares of common stock are less than the number of restricted stock units granted. /s/ Melissa D. McCarty, attorney-in-fact for Mr. Ale 2020-07-02