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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1397516	Rex Energy Corp	REXX	Crude Petroleum & Natural Gas (1311)	208814402

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1267380	T Lance Shaner	1241 Royal Palm Way Boca Raton FL 33432		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-09-17	35,852	$14.32	5,663,660	No	4	S	Direct
Common Stock	Disposition	2012-09-17	3,900	$14.31	602,078	No	4	S	Indirect	Shaner Family Partners L.P.
Common Stock	Disposition	2012-09-17	7,450	$14.31	768,266	No	4	S	Indirect	Shaner Capital L.P.
Common Stock	Disposition	2012-09-17	4,119	$14.38	143,032	No	4	S	Indirect	Shaner Family Foundation
Common Stock	Disposition	2012-09-17	4,300	$14.38	114,754	No	4	S	Indirect	Lance T. Shaner 2009 Spousal Remainder Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	Shaner Family Partners L.P.
No	4	S	Indirect	Shaner Capital L.P.
No	4	S	Indirect	Shaner Family Foundation
No	4	S	Indirect	Lance T. Shaner 2009 Spousal Remainder Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	74,229	Indirect	Lance T. Shaner Irrevocable Grandchildren's Trust II

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2012.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.48, inclusive. The reporting person undertakes to provide Rex Energy Corporation, any security holder of Rex Energy Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the applicable footnotes to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.47, inclusive.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.25 to $14.47, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.24 to $14.46, inclusive.