Filing Details
- Accession Number:
- 0000316300-16-000091
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-03-09 15:28:49
- Reporting Period:
- 2016-03-07
- Filing Date:
- 2016-03-09
- Accepted Time:
- 2016-03-09 15:28:49
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
316300 | Exco Resources Inc | XCO | Crude Petroleum & Natural Gas (1311) | 741492779 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1600737 | Alan Richard Burnett | 12377 Merit Drive Suite 1700 Dallas TX 75251 | Cfo & Chief Accounting Officer | No | Yes | 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, Par Value $0.001 Per Share | Acquisiton | 2016-03-07 | 64,241 | $0.00 | 607,527 | No | 4 | A | Direct | |
Common Stock, Par Value $0.001 Per Share | Disposition | 2016-03-08 | 64,241 | $1.51 | 543,286 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- Represents shares of restricted common stock issued to the reporting person pursuant to the EXCO Resources, Inc. 2015 Management Incentive Plan, as amended (the "MIP"), all of which shares are fully vested. The MIP provides for the payment of performance-based awards to eligible employees, of which seventy-five percent (75%) of the award is payable in cash and twenty-five percent (25%) of the award is payable in shares of fully-vested restricted stock (collectively, the "Award Amount") issued pursuant to the EXCO Resources, Inc. Amended and Restated 2005 Long-Term Incentive Plan, as amended (the "Plan").
- Represents shares sold to pay the tax liability associated with the Award Amount.
- This transaction was executed in multiple trades at prices ranging from $1.41 to $1.61. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.