X0306 4 2013-01-16 0 0000077877 PDC ENERGY, INC. pdce 0001471391 Lauck Lance 1775 SHERMAN STREET, SUITE 3000 DENVER CO 80203 0 1 0 0 Sr. VP, Corp Development Common Stock 2013-01-16 4 F 0 1439 37.18 D 59901 D Common Stock 2013-01-16 4 A 0 11948 0 A 63849 D Common Stock 1180 I 401(k) Plan Stock Appreciation Rights 37.18 2013-01-16 4 A 0 10096 0 A 2014-01-16 2023-01-16 Common Stock 10096 10096 D Performance Share Rights 2013-01-16 4 A 0 4820 0 A 2015-12-31 Common Stock 4820 4820 D Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon vesting of restricted stock pursuant to time-based vesting. The common stock vests in three equal installments on January 16, 2014, 2015 and 2016. 401(k) Plan holdings as of December 31, 2012. The SARs become exercisable in three equal installments on January 16, 2014, 2015 and 2016. The participant also holds additional previously awarded SARs subject to different vesting, exercise price and other criteria. Each performance share/right represents a contingent right to receive 0-200% of that target number of shares of PDCE common stock. The performance shares/rights vest upon continued employment and achievement of specified thresholds of total shareholder return (TSR) compared to certain peers, as described in the related grant agreements. Participant also holds additional previously awarded performance shares/rights, all subject to different future vesting and performance criteria. /s/ Lance Lauck 2013-01-18