0001209191-18-017391.txt : 20180306 0001209191-18-017391.hdr.sgml : 20180306 20180306174001 ACCESSION NUMBER: 0001209191-18-017391 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180302 FILED AS OF DATE: 20180306 DATE AS OF CHANGE: 20180306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FAULKNER STEPHEN L JR CENTRAL INDEX KEY: 0001625022 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35322 FILM NUMBER: 18671102 MAIL ADDRESS: STREET 1: 3500 ONE WILLIAMS CENTER CITY: TULSA STATE: OK ZIP: 74172 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WPX ENERGY, INC. CENTRAL INDEX KEY: 0001518832 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 451836028 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE WILLIAMS CENTER CITY: TULSA STATE: OK ZIP: 74172 BUSINESS PHONE: 918-573-2000 MAIL ADDRESS: STREET 1: ONE WILLIAMS CENTER CITY: TULSA STATE: OK ZIP: 74172 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-03-02 0 0001518832 WPX ENERGY, INC. WPX 0001625022 FAULKNER STEPHEN L JR 3500 ONE WILLIAMS CENTER TULSA OK 74172 0 1 0 0 VP Controller and CAO Common Stock 2018-03-02 4 F 0 2113 14.54 D 44177.351 D Common Stock 2018-03-02 4 F 0 2530 14.54 D 41647.351 D Common Stock 2018-03-02 4 F 0 1683 14.54 D 39964.351 D Common Stock 2018-03-02 4 M 0 6176 A 46140.351 D Common Stock 2018-03-02 4 F 0 2740 14.54 D 43400.351 D Common Stock 2018-03-02 4 A 0 12180 0.00 A 55580.351 D Restricted Stock Units 2018-03-02 4 A 0 5220 0.00 A Common Stock 5220 23606 D Restricted Stock Units 2018-03-02 4 M 0 6176 D Common Stock 6176 17430 D Represents shares withheld to satisfy withholding tax obligations due upon vesting of restricted stock. Number of shares of common stock paid out was equal to the number of performance-based restricted stock units originally granted based on the applicable award agreement and a performance factor of 1. Each performance-based restricted stock unit represented 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 had met the three-year performance measure. Represents shares withheld to satisfy withholding tax obligations due upon vesting of restricted stock units. Subject to the applicable award agreement, this award vests in the following increments: 4,060 on March 1, 2019, 4,060 on March 2, 2020, and 4,060 on March 2, 2021. Vesting of performance-based awards are 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. 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. Subject to the applicable award agreement and compensation committee certification that the Company has met the applicable three-year performance measure, this award vests on March 2, 2021. Award vested on March 2, 2018. By Stephen E. Brilz, Attorney-in-Fact for Stephen L. Faulkner, Jr. 2018-03-06