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