0001209191-14-004133.txt : 20140121 0001209191-14-004133.hdr.sgml : 20140120 20140121185021 ACCESSION NUMBER: 0001209191-14-004133 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140116 FILED AS OF DATE: 20140121 DATE AS OF CHANGE: 20140121 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: NV 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: Amidon Daniel Willson CENTRAL INDEX KEY: 0001374254 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07246 FILM NUMBER: 14538904 MAIL ADDRESS: STREET 1: 1775 SHERMAN STREET CITY: DENVER STATE: CO ZIP: 80203 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2014-01-16 0 0000077877 PDC ENERGY, INC. PDCE 0001374254 Amidon Daniel Willson 1775 SHERMAN STREET, SUITE 3000 DENVER CO 80203 0 1 0 0 Sr. VP, General Counsel & Sec. Common Stock 2014-01-16 4 M 0 1045 A 41234 D Common Stock 2014-01-16 4 M 0 2794 A 44028 D Common Stock 2014-01-16 4 F 0 1229 49.57 D 42799 D Common Stock 2014-01-16 4 F 0 2360 49.57 D 40439 D Common Stock 2014-01-16 4 A 0 11948 0.00 A 52387 D Performance Share Rights 2014-01-16 4 M 0 1045 D 2013-12-31 Common Stock 1045 0 D Performance Share Rights 2014-01-16 4 M 0 1791 D 2013-12-31 Common Stock 1791 0 D Stock Appreciation Rights 49.57 2014-01-16 4 A 0 10096 0.00 A 2014-12-31 2024-01-16 Common Stock 10096 10096 D Performance Share Rights 2014-01-16 4 A 0 4820 0.00 A 2016-12-31 Common Stock 4820 4820 D Each performance share/right represented a contingent right to receive a share of PDC Energy, Inc. ("Company") stock upon achievement of an average closing price during December 2013 exceeding $54.00, as disclosed in Form 8-K filed by the Company on March 5, 2009. Each performance share/right represented a contingent right to receive a share of Company stock upon achievement of specified minimum thresholds of total shareholder return (TSR) compared to certain peers described in the related grant agreement. Shares granted represented a 156% payout on previously awarded performance shares/rights. Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon vesting of shares of restricted stock pursuant to time-based vesting. The common stock vests in three pro rata installments on December 31, 2014, December 31, 2015 and January 16, 2017. The SARs become exercisable in three pro rata installments on December 31, 2014, December 31, 2015 and January 16, 2017. The reporting person also holds additional previously awarded SARs subject to different vesting, exercise price and other criteria. Each performance share/right represents a contingent right to receive 0-200% of that number in shares of PDCE common stock. The performance shares/rights vest upon continued employment and achievement of specified thresholds of total shareholder return (TSR) compared to certain peers, as described in the related grant agreement. Participant also holds additional previously awarded performance shares/rights, all subject to different future vesting and performance criteria. /s/Daniel Willson Amidon 2014-01-21