Filing Details

Accession Number:
0001437749-23-003818
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-17 16:57:20
Reporting Period:
2023-02-15
Accepted Time:
2023-02-17 16:57:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
77877 Pdc Energy Inc. PDCE Crude Petroleum & Natural Gas (1311) 952636730
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1459110 Scott R Meyers 1775 Sherman Street, Suite 3000
Denver CO 80203
Evp, Cfo 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 Acquisiton 2023-02-15 15,514 $0.00 182,204 No 4 A Direct
Common Stock Disposition 2023-02-15 2,500 $66.77 179,704 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Share Units Acquisiton 2023-02-15 15,514 $0.00 15,514 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,514 2025-12-31 No 4 A Direct
Footnotes
  1. The restricted stock units were acquired pursuant to the PDC Energy, Inc. 2018 Equity Incentive Plan and will vest in three equal annual installments beginning on February 25, 2024.
  2. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2022.
  3. Each performance share unit represents a contingent right to receive 0-250% of that number in shares of Company common stock. The amount reported represents the "target" number. The performance share units vest upon continued employment and achievement of specified metrics compared to certain peers, as measured in December of 2025 and as described in the related grant agreement. Participant also holds additional previously awarded performance share units, all subject to different future vesting and performance criteria.