SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
RATTIE KEITH O

(Last) (First) (Middle)
1050 17TH STREET, SUITE 500

(Street)
DENVER CO 80265

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QEP RESOURCES, INC. [ QEP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/12/2011 M 20,000 A $9.49 354,212 D
Common Stock 01/12/2011 S 20,000 D $38.4479 334,212(1) D
Common Stock 01/13/2011 M 20,000 A $9.49 354,212 D
Common Stock 01/13/2011 S 20,000 D $38.845 334,212(1) D
Common Stock 01/14/2011 M 20,000 A $9.49 354,212 D
Common Stock 01/14/2011 S 20,000 D $38.0494 334,212(1) D
Common Stock 2,542 I IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $9.49 01/12/2011 M 20,000 08/13/2001 02/13/2011 Common Stock 20,000 $9.49 60,000 D
Stock Option $9.49 01/13/2011 M 20,000 08/13/2001 02/13/2011 Common Stock 20,000 $9.49 40,000 D
Stock Option $9.49 01/14/2011 M 20,000 08/13/2001 02/13/2011 Common Stock 20,000 $9.49 20,000 D
Restricted Stock Unit $0.00 (2) (2) Common Stock 40.9341 34,159.9341 D
Stock Option $7.78 08/11/2002 02/11/2012 Common Stock 271,286 271,286 D
Stock Option $9.19 08/11/2003 02/11/2013 Common Stock 300,000 300,000 D
Stock Option $23.98 06/30/2010 03/05/2016 Common Stock 147,174 147,174 D
Stock Option $27.84 06/30/2010 02/13/2015 Common Stock 80,000 80,000 D
Stock Option $36.48 06/30/2010 02/12/2016 Common Stock 30,000 30,000 D
Stock Option $26.14 06/30/2010 10/24/2012 Common Stock 200,000 200,000 D
Stock Option $27.55 06/30/2010 03/05/2017 Common Stock 125,000 125,000 D
Explanation of Responses:
1. My disposition of these shares was pursuant to a 10b5-1 plan. The shares were acquired by the exercise of an option that that would have expired in early 2011.
2. The restricted stock units vest in three equal annual installments beginning on July 1, 2011, subject to accelerated vesting upon the occurence of certain events as set forth in the award agreement.
Remarks:
Abigail L. Jones, Attorney in Fact 01/14/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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