0001209191-21-000921.txt : 20210105 0001209191-21-000921.hdr.sgml : 20210105 20210105155045 ACCESSION NUMBER: 0001209191-21-000921 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210105 DATE AS OF CHANGE: 20210105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Muncrief Richard E CENTRAL INDEX KEY: 0001413122 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35322 FILM NUMBER: 21505284 MAIL ADDRESS: STREET 1: ONE WILLIAMS CENTER STREET 2: SUITE 3800 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 2020-12-31 0 0001518832 WPX ENERGY, INC. WPX 0001413122 Muncrief Richard E 3500 ONE WILLIAMS CENTER TULSA OK 74172 1 1 0 0 Chairman and CEO Common Stock 2020-12-31 4 F 0 27719 8.15 D 2173925 D The Board of Directors (the "Board") of WPX Energy, Inc. (the "Company") approved the accelerated vesting, effective as of December 31, 2020, of 62,500 shares of time-based restricted stock previously granted to the Reporting Person which originally were scheduled to vest on March 2, 2021. The Board approved the accelerated vesting in order to mitigate potential adverse tax consequences to the Company and the Reporting Person of Section 280G of the Internal Revenue Code, as amended, in connection with the Company's merger with Devon Energy Corporation. The reported disposition represents shares withheld to satisfy withholding tax obligations due upon the accelerated vesting of restricted stock. By Stephen E. Brilz, Attorney-in-Fact for Richard E. Muncrief 2021-01-05