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