SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
FAULKNER STEPHEN L JR

(Last) (First) (Middle)
3500 ONE WILLIAMS CENTER

(Street)
TULSA OK 74172

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/12/2014
3. Issuer Name and Ticker or Trading Symbol
WPX ENERGY, INC. [ WPX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP and Controller
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 285.351 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) (1) Common Stock 21,576 (2) D
Restricted Stock Units(3) (4) (4) Common Stock 2,004 (5) D
Explanation of Responses:
1. Subject to the applicable award agreement, these awards vest in the following amounts: 2,118 on February 1, 2015, 2,314 on February 28, 2015, 838 on March 3, 2015, 5,652 on May 1, 2015, 838 on March 3, 2016, 3,195 on March 4, 2016, 839 on March 3, 2017, 4,102 on April 1, 2017 and 1,680 on April 2, 2017.
2. Each restricted stock unit represents a contingent right to receive a share of common stock, subject to the applicable award agreement.
3. Performance-based restricted stock units subject to compensation committee certification that the Company has met a three-year performance measure, which is based on total shareholder return with absolute and relative dependent measures.
4. Subject to the applicable award agreement and compensation committee certification that the Company has met the applicable three-year performance measure, these awards vest in the following amounts: 578 on February 28, 2015, 798 on March 4, 2016 and 628 on March 3, 2017.
5. Each performance-based restricted stock unit represents a contingent right to receive a share of common stock, subject to adjustment based on the applicable award agreement and compensation committee certification that the Company has met the three-year performance measure.
Remarks:
By: Stephen E. Brilz, Attorney-in-Fact for Stephen L. Faulkner, Jr. 11/14/2014
** 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 5 (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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