Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PDCE | Common Stock | Options Exercise | +115K | +34.26% | 450K | Jan 12, 2022 | Direct | F1 | ||
transaction | PDCE | Common Stock | Tax liability | -$2.59M | -46.8K | -10.4% | $55.23 | 404K | Jan 12, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PDCE | Performance Share Rights | Options Exercise | -60.5K | -100% | 0 | Jan 12, 2022 | Common Stock | 60.5K | Direct | F1 |
Id | Content |
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F1 | Each performance share unit/right represented a contingent right to receive 0-200% of that number in shares of PDC Energy, Inc. common stock upon achievement of specified metrics compared to certain peers, as described in the related grant agreement. Pursuant to the terms of the related grant agreement and the achievement of the predetermined objectives for the specified performance period, the insider earned 190% of the target award. |
F2 | Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon settlement of performance shares/rights. |