0001358071-21-000061.txt : 20210120
0001358071-21-000061.hdr.sgml : 20210120
20210120162931
ACCESSION NUMBER: 0001358071-21-000061
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210115
FILED AS OF DATE: 20210120
DATE AS OF CHANGE: 20210120
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kidwell Scott
CENTRAL INDEX KEY: 0001761939
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33615
FILM NUMBER: 21539091
MAIL ADDRESS:
STREET 1: 600 W. ILLINOIS AVENUE
CITY: MIDLAND
STATE: TX
ZIP: 79701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CONCHO RESOURCES INC
CENTRAL INDEX KEY: 0001358071
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 760818600
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 600 W. ILLINOIS AVENUE
CITY: MIDLAND
STATE: TX
ZIP: 79701
BUSINESS PHONE: 432-683-7443
MAIL ADDRESS:
STREET 1: 600 W. ILLINOIS AVENUE
CITY: MIDLAND
STATE: TX
ZIP: 79701
4
1
wf-form4_161117815498114.xml
FORM 4
X0306
4
2021-01-15
1
0001358071
CONCHO RESOURCES INC
CXO
0001761939
Kidwell Scott
ONE CONCHO CENTER
600 W. ILLINOIS AVENUE
MIDLAND
TX
79701
0
1
0
0
SVP of Administration
Common Stock
2021-01-15
4
A
0
10731
0
A
32206
D
Common Stock
2021-01-15
4
F
0
10663
69.35
D
21543
D
Common Stock
2021-01-15
4
D
0
21543
0
D
0
D
On January 15, 2021, pursuant to the Agreement and Plan of Merger dated as of October 18, 2020 (the "Merger Agreement"), by and among Concho Resources Inc. ("Concho"), Falcon Merger Sub Corp. ("Merger Sub") and ConocoPhillips ("ConocoPhillips"), Merger Sub merged with and into Concho (the "Merger"), with Concho surviving the Merger as a wholly-owned subsidiary of ConocoPhillips. Immediately prior to the effective time of the Merger (the "Effective Time") the outstanding awards of Concho performance-based restricted stock granted to the Reporting Person on January 4, 2021 vested based on target performance.
Immediately prior to the Effective Time, the outstanding awards of Concho restricted stock held by the Reporting Person vested. Concho withheld shares of its common stock that would have otherwise been issuable to the Reporting Person to satisfy Concho's tax withholding obligations in connection with the vesting of the performance-based restricted stock awards granted on January 4, 2021 and the vesting of the restricted stock awards. The number of shares of Concho common stock withheld was determined based on the high/low average share price of January 14, 2021.
Pursuant to the Merger Agreement, each share of Concho common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive 1.46 shares of ConocoPhillips common stock. On January 14, 2021 (the day prior to the Merger), the closing price of one share of ConocoPhillips common stock was $47.87.
/s/ Travis L. Counts, as attorney-in-fact
2021-01-20