0000945764-23-000144.txt : 20231106
0000945764-23-000144.hdr.sgml : 20231106
20231106175619
ACCESSION NUMBER: 0000945764-23-000144
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231102
FILED AS OF DATE: 20231106
DATE AS OF CHANGE: 20231106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ALLEN MARK C
CENTRAL INDEX KEY: 0001085395
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12935
FILM NUMBER: 231380981
MAIL ADDRESS:
STREET 1: C/O DENBURY INC
STREET 2: 5851 LEGACY DRIVE, SUITE 1200
CITY: PLANO
STATE: TX
ZIP: 75024
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DENBURY INC
CENTRAL INDEX KEY: 0000945764
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 752815171
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5851 LEGACY CIRCLE
STREET 2: SUITE 1200
CITY: PLANO
STATE: TX
ZIP: 75024
BUSINESS PHONE: 9726732000
MAIL ADDRESS:
STREET 1: 5851 LEGACY CIRCLE
STREET 2: SUITE 1200
CITY: PLANO
STATE: TX
ZIP: 75024
FORMER COMPANY:
FORMER CONFORMED NAME: DENBURY RESOURCES INC
DATE OF NAME CHANGE: 19960102
FORMER COMPANY:
FORMER CONFORMED NAME: NEWSCOPE RESOURCES LTD
DATE OF NAME CHANGE: 19950627
4
1
wk-form4_1699311366.xml
FORM 4
X0508
4
2023-11-02
1
0000945764
DENBURY INC
DEN
0001085395
ALLEN MARK C
5851 LEGACY CIRCLE
PLANO
TX
75024
0
1
0
0
Executive VP & CFO
0
Common Stock
2023-11-02
4
A
0
23259
A
315470
D
Common Stock
2023-11-02
4
F
0
116850
88.66
D
198620
D
Common Stock
2023-11-02
4
D
0
198620
D
0
D
On November 2, 2023, pursuant to the Agreement and Plan of Merger, dated July 13, 2023, (as amended from time to time, the "Merger Agreement"), by and among Denbury Inc. ("Denbury"), Exxon Mobil Corporation ("ExxonMobil") and EMPF Corporation, a wholly owned subsidiary of ExxonMobil ("Merger Sub"), ExxonMobil acquired Denbury in an all-stock transaction through the merger of Merger Sub with and into Denbury (the "Merger"), with Denbury surviving the Merger as a wholly owned subsidiary of ExxonMobil. Effective as of the effective time of the Merger (the "Effective Time"), each share of Denbury common stock, par value $0.001 per share ("Denbury Common Stock") was converted into the right to receive 0.840 of a share of ExxonMobil common stock, without par value (such consideration, the "Merger Consideration").
Represents shares of Denbury Common Stock related to the vesting and settlement of outstanding performance stock units ("Denbury PSUs") in connection with the consummation of the Merger. Pursuant to the Merger Agreement, effective as of the Effective Time and in connection with the consummation of the Merger, each outstanding Denbury PSU subject to achievement of performance goals based on relative total stockholder return vested at actual performance levels and was canceled and converted into the right to receive the Merger Consideration in accordance with the Merger Agreement in respect of the total number of shares of Denbury Common Stock subject to such Denbury PSU.
Represents shares of Denbury Common Stock withheld to satisfy the reporting person's tax liability in connection with the vesting and settlement of all outstanding equity awards held at the time of the Merger. Certain of the equity awards to which this withholding relates were reported in Table I in previous Form 4 filings for the reporting person.
/s/ Robbie Hudson, attorney-in-fact for Mr. Allen
2023-11-06