0000899243-17-001581.txt : 20170119
0000899243-17-001581.hdr.sgml : 20170119
20170119184020
ACCESSION NUMBER: 0000899243-17-001581
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170117
FILED AS OF DATE: 20170119
DATE AS OF CHANGE: 20170119
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PDC ENERGY, INC.
CENTRAL INDEX KEY: 0000077877
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 952636730
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1775 SHERMAN STREET
STREET 2: SUITE 3000
CITY: DENVER
STATE: CO
ZIP: 80203
BUSINESS PHONE: 303-860-5800
MAIL ADDRESS:
STREET 1: PDC ENERGY, INC.
STREET 2: 1775 SHERMAN ST
CITY: SUITE 3000
STATE: CO
ZIP: 80203
FORMER COMPANY:
FORMER CONFORMED NAME: PETROLEUM DEVELOPMENT CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: YELLOW WING URANIUM CORP
DATE OF NAME CHANGE: 19730606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: REASONER SCOTT J
CENTRAL INDEX KEY: 0001282252
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37419
FILM NUMBER: 17537158
MAIL ADDRESS:
STREET 1: 1775 SHERMAN STREET
CITY: DENVER
STATE: CO
ZIP: 80203
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-17
0
0000077877
PDC ENERGY, INC.
PDCE
0001282252
REASONER SCOTT J
1775 SHERMAN STREET, SUITE 3000
DENVER
CO
80203
0
1
0
0
Chief Operating Officer
Common Stock
2017-01-17
4
A
0
8256
0.00
A
63631
D
Common Stock
2610
I
By 401(k) Plan
Stock Appreciation Rights
74.57
2017-01-17
4
A
0
7962
0.00
A
2027-01-17
Common Stock
7962
7962
D
Performance Share Units
2017-01-17
4
A
0
4128
0.00
A
2019-12-31
Common Stock
4128
4128
D
The restricted stock units vest in three pro rata installments on December 28, 2017, December 28, 2018, and January 17, 2020.
The Stock Appreciation Rights ("SARs") become exercisable in three pro rata installments on December 28, 2017, December 28, 2018, and January 17, 2020. The reporting person also holds additional previously awarded SARs subject to different vesting, exercise price and other criteria.
Each performance share unit represents a contingent right to receive 0-200% of that number in shares of PDCE common stock. The amount reported represents the "target" number. The performance shares units vest upon continued employment and achievement of specified thresholds of total shareholder return (TSR) compared to certain peers, as measured on December of 2019 and as described in the related grant agreement. Participant also holds additional previously awarded performance shares/rights and performance share units, all subject to different future vesting and performance criteria.
/s/Scott J. Reasoner
2017-01-19