0001209191-21-003076.txt : 20210111
0001209191-21-003076.hdr.sgml : 20210111
20210111185405
ACCESSION NUMBER: 0001209191-21-003076
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210107
FILED AS OF DATE: 20210111
DATE AS OF CHANGE: 20210111
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kurz Karl F
CENTRAL INDEX KEY: 0001292794
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32318
FILM NUMBER: 21521983
MAIL ADDRESS:
STREET 1: ONE WILLIAMS CENTER
STREET 2: SUITE 3800
CITY: TULSA
STATE: OK
ZIP: 74172
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DEVON ENERGY CORP/DE
CENTRAL INDEX KEY: 0001090012
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 731567067
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 333 W. SHERIDAN AVENUE
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73102
BUSINESS PHONE: 4055528183
MAIL ADDRESS:
STREET 1: 333 W. SHERIDAN AVENUE
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73102
FORMER COMPANY:
FORMER CONFORMED NAME: DEVON DELAWARE CORP
DATE OF NAME CHANGE: 19990707
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-01-07
0
0001090012
DEVON ENERGY CORP/DE
DVN
0001292794
Kurz Karl F
333 W. SHERIDAN AVE.
OKLAHOMA CITY
OK
73102
1
0
0
0
Common Stock
2021-01-07
4
A
0
33245
A
33245
D
Common Stock
2021-01-07
4
A
0
12031
A
45276
D
Common Stock
2021-01-07
4
A
0
8269
A
53545
D
Common Stock
2021-01-07
4
A
0
7748
A
61293
D
Pursuant to the terms of the Agreement and Plan of Merger, dated as of September 26, 2020, by and among Devon Energy Corporation (''Devon''), East Merger Sub, Inc. and WPX Energy, Inc. (''WPX'') (the ''Merger Agreement''), on January 7, 2021 (the ''Closing Date''), WPX became a wholly owned subsidiary of Devon. Pursuant to the Merger Agreement, on the Closing Date, each share of WPX Common Stock held by the reporting person was converted automatically into 0.5165 shares of Devon Common Stock.
Pursuant to the Merger Agreement, on the Closing Date, each restricted stock award under a WPX benefit plan (''WPX RSA'') was converted into 0.5165 shares of Devon Common Stock. The same terms and conditions applicable to WPX RSAs before the conversion will continue to apply. The WPX RSAs granted to the reporting person on May 21, 2020 were converted into 12,031 shares of Devon Common Stock, which will vest on May 21, 2021.
Pursuant to the Merger Agreement, on the Closing Date, each WPX restricted stock unit (''WPX RSU'') was converted into 0.5165 Devon restricted stock unit (''Devon RSU''), with each Devon RSU representing a contingent right to receive a share of Devon Common Stock. The same terms and conditions applicable to WPX RSUs before the conversion will continue to apply. The WPX RSUs granted to the reporting person on May 18, 2017 were converted into 8,269 Devon RSUs, which will vest upon the reporting person's Separation from Service (as defined in the WPX Energy Board of Directors Nonqualified Deferred Compensation Plan).
The WPX RSUs granted to the reporting person on May 16, 2019 were converted into 7,748 Devon RSUs, which will vest upon the reporting person's Separation from Service.
/s/ Edward T. Highberger, Attorney-in-Fact for Karl F. Kurz
2021-01-11