0001209191-22-037104.txt : 20220615
0001209191-22-037104.hdr.sgml : 20220615
20220615190813
ACCESSION NUMBER: 0001209191-22-037104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220613
FILED AS OF DATE: 20220615
DATE AS OF CHANGE: 20220615
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stepp Scott Adams
CENTRAL INDEX KEY: 0001925877
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31905
FILM NUMBER: 221018991
MAIL ADDRESS:
STREET 1: 2417 SHELL BEACH DRIVE
CITY: LAKE CHARLES
STATE: LA
ZIP: 70601
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CKX LANDS, INC.
CENTRAL INDEX KEY: 0000352955
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 720144530
STATE OF INCORPORATION: LA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2417 SHELL BEACH DRIVE
CITY: LAKE CHARLES
STATE: LA
ZIP: 70601
BUSINESS PHONE: (337) 493-2399
MAIL ADDRESS:
STREET 1: 2417 SHELL BEACH DRIVE
CITY: LAKE CHARLES
STATE: LA
ZIP: 70601
FORMER COMPANY:
FORMER CONFORMED NAME: CKX Lands Inc
DATE OF NAME CHANGE: 20050801
FORMER COMPANY:
FORMER CONFORMED NAME: CALCASIEU REAL ESTATE & OIL CO INC
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-06-13
0
0000352955
CKX LANDS, INC.
CKX
0001925877
Stepp Scott Adams
2417 SHELL BEACH DRIVE
LAKE CHARLES
LA
70601
0
1
0
0
Chief Financial Officer
Common Stock
2022-06-13
4
A
0
38377
0.00
A
38377
D
Common Stock
2022-06-13
4
M
0
15792
0.00
A
54169
D
Performance Shares
2022-06-13
4
A
0
140121
0.00
A
2024-07-15
Common Stock
140121
140121
D
Performance Shares
2022-06-13
4
M
0
15792
0.00
D
2024-07-15
Common Stock
15792
124329
D
The reported transaction was the grant of restricted stock units (RSUs) that are payable solely in shares of the Issuer's common stock. The RSUs will vest incrementally on July 15, 2022, 2023 and 2024 if the Reporting Person remains employed by the Issuer on those dates.
Each performance share represents a contingent right to receive one share of the Issuer's common stock. Various percentages of the performance share award vest if the closing price of the Issuer's common stock equals or exceeds, for at least ten consecutive trading days during the performance period, prices of $12, $13, $14, $14.50 and $15 per share. The performance period is July 15, 2020 to July 15, 2024.
The Issuer's common stock met the $12 trading price target on May 19, 2021. Accordingly, 11.27% of the award was vested at the time it was granted.
/s/ Scott A. Stepp
2022-06-15