Christopher W. Lacy - Oct 1, 2024 Form 4 Insider Report for EXPAND ENERGY Corp (EXE)

Signature
/s/ J. David Hershberger, Attorney-in-Fact
Stock symbol
EXE
Transactions as of
Oct 1, 2024
Transactions value $
$0
Form type
4
Date filed
10/1/2024, 08:40 PM
Previous filing
Feb 27, 2024
Next filing
Oct 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXE Common Stock Award +48.5K 48.5K Oct 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to that certain Agreement and Plan of Merger, dated January 10, 2024 (the "Merger Agreement") by and among the Issuer, Hulk Merger Sub, Inc., a wholly owned subsidiary of the Issuer ("Merger Sub Inc"), Hulk LLC Sub, LLC and Southwestern Energy Company ("Southwestern"), Merger Sub Inc merged with and into Southwestern, with Southwestern surviving the Merger as a direct wholly owned subsidiary of the Issuer (the "Effective Time"). At the Effective Time, each share of Southwestern common stock was automatically converted into the right to receive 0.0867 of a share of the Issuer's common stock. Southwestern's outstanding equity awards converted according to the terms of the Merger Agreement.
F2 Includes 35,787 restricted stock units, which are subject to time based vesting in accordance with the terms of the applicable award.