Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWN | Common Stock | Options Exercise | $0 | +17.2K | +74.02% | $0.00 | 40.4K | Feb 23, 2022 | Direct | F1 |
transaction | SWN | Common Stock | Disposed to Issuer | -$79.2K | -17.2K | -42.54% | $4.61 | 23.2K | Feb 23, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWN | Restricted Stock Unit | Options Exercise | $0 | -17.2K | -33.33% | $0.00 | 34.4K | Feb 23, 2022 | Common Stock | 17.2K | Direct | F2, F3 |
Id | Content |
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F1 | Each Restricted Stock Unit ("RSU") has the economic equivalent of one share of Southwestern Energy Company ("SWN") common stock. The RSUs vesting on February 23, 2022 were settled in cash based on the closing price of SWN common stock on the vesting date. |
F2 | Each restricted stock unit represents a contingent right to receive one share of SWN common stock or an amount in cash equal to the Fair Market Value of one share of SWN common stock. |
F3 | On February 23, 2021, the reporting person was granted restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date, or immediately upon death, disability, retirement at age 65 with required years of service, or a change in control. Vesting units will be settled in shares of SWN common stock, cash, or a combination of shares of SWN common stock and cash. |