X0306 4 2015-01-13 0 0000077877 PDC ENERGY, INC. PDCE 0001195182 TRIMBLE JAMES M 1775 SHERMAN STREET, SUITE 3000 DENVER CO 80203 1 0 0 0 Common Stock 2015-01-13 4 M 0 24591 A 217256 D Common Stock 2015-01-13 4 F 0 6828 39.63 D 210428 D Common Stock 2015-01-13 4 A 0 3379 0.00 A 213807 D Performance Share Rights 2015-01-13 4 M 0 14725 D 2014-12-31 Common Stock 14725 0 D Each performance share/right represented a contingent right to receive shares of Company stock upon achievement of specified minimum thresholds of total shareholder return (TSR) compared to certain peers measured in December of 2014, as described in the related grant agreement. Shares granted represented a 167% payout on previously awarded performance shares/rights. Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon vesting of shares of restricted stock pursuant to time-based vesting. These restricted stock units were acquired pursuant to the Amended and Restated 2010 Long-Term Equity Compensation Plan and will vest ratably over three years beginning on January 13, 2016. /s/James M. Trimble 2015-01-15