X0306 4 2020-03-02 0 0001108827 QEP RESOURCES, INC. QEP 0001166074 BAKER PHILLIPS S JR 1050 17TH STREET, SUITE 800 DENVER CO 80265 1 0 0 0 Phantom Stock Units 0.00 2020-03-02 4 A 0 80646 2.17 A Common Stock 80646 186749.6334 D Phantom stock units will be payable in cash or shares on the date of, or at a designated anniversary date following, the first to occur of the reporting person's, (i) distribution election date which is not earlier than two years from the plan year, (ii) separation from service from QEP (subject to 6-month delay if necessary to comply with IRC 409A), (iii) death or (iv) disability, pursuant to the QEP Resources, Inc. Deferred Compensation Plan for Directors. /s/ J. Erik Norris, Attorney in Fact 2020-03-04