0001358071-21-000066.txt : 20210120
0001358071-21-000066.hdr.sgml : 20210120
20210120163127
ACCESSION NUMBER: 0001358071-21-000066
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200608
FILED AS OF DATE: 20210120
DATE AS OF CHANGE: 20210120
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Counts Travis
CENTRAL INDEX KEY: 0001706713
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33615
FILM NUMBER: 21539142
MAIL ADDRESS:
STREET 1: ONE CONCHO CENTER
STREET 2: 600 WEST 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_161117826359858.xml
FORM 4
X0306
4
2020-06-08
1
0001358071
CONCHO RESOURCES INC
CXO
0001706713
Counts Travis
ONE CONCHO CENTER
600 W. ILLINOIS AVENUE
MIDLAND
TX
79701
0
1
0
0
SVP, Gen Counsel and Corp Sec
Common Stock
2020-06-08
5
G
0
E
383
0
D
64011
D
Common Stock
2021-01-15
4
A
0
18886
0
A
82897
D
Common Stock
2021-01-15
4
F
0
21206
69.35
D
61691
D
Common Stock
2021-01-15
4
D
0
61691
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
2021-01-20