Michael Wichterich - Oct 11, 2024 Form 4 Insider Report for EXPAND ENERGY Corp (EXE)

Role
Director
Signature
J. David Hershberger For: MICHAEL WICHTERICH
Stock symbol
EXE
Transactions as of
Oct 11, 2024
Transactions value $
-$249,935
Form type
4
Date filed
10/15/2024, 04:34 PM
Previous filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXE Common Stock Options Exercise +6.76K +22.39% 36.9K Oct 11, 2024 Direct F1
transaction EXE Common Stock Tax liability -$232K -2.66K -7.2% $87.39 34.3K Oct 11, 2024 Direct F2
transaction EXE Common Stock Tax liability -$17.5K -200 -0.58% $87.39 34.1K Oct 11, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXE Performance Share Unit Options Exercise $0 -4.56K -100% $0.00 0 Oct 11, 2024 Common Stock $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive from zero to two shares of common stock, depending on the achievement of volume weighted average prices over the applicable performance period. Effective 10/11/2024 the Reporting Person was entitled to receive 6,758 shares of common stock (before tax withholding obligations).
F2 These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the vesting of the performance share unit award.
F3 These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock award.