Denis Walsh III - Dec 31, 2022 Form 5 Insider Report for SOUTHWESTERN ENERGY CO (SWN)

Role
Director
Signature
/s/ Melissa D. McCarty, attorney-in-fact for Mr. Walsh
Stock symbol
SWN
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/13/2023, 04:24 PM
Previous filing
May 20, 2022
Next filing
May 22, 2023

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 SWN Deferred Stock Units Other $0 -36.2K -60.34% $0.00 23.8K Oct 18, 2022 Common Stock 36.2K $0.00 Direct F1, F2, F3
transaction SWN Deferred Stock Units Other $0 -34K -50% $0.00 34K Oct 18, 2022 Common Stock 34K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents the right to receive one share of common stock of the Issuer.
F2 Since the date of the reporting person's last ownership report, he transferred 70,166 deferred Restricted Stock Units to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
F3 The deferred stock units will fully vest on the earlier of (i) the first anniversary of the grant date, (ii) the next annual meeting of stockholders following the grant date, or (iii) immediately upon death, disability or change in control. The deferred stock units will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Nonemployee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.