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