Scott J Reasoner, SVP of PDC Energy, recently acquired 23,371 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on February 20, 2019. Reasoner now owns 98,236 shares of the company. Reasoner operates out of Denver, CO. Some additional info was provided as follows:
The restricted stock units were acquired pursuant to the PDC Energy, Inc. Amended and Restated 2010 Long-Term Equity Compensation Plan and will vest in three equal annual installments beginning on February 20, 2020.
401(k) Plan holdings as of February 21, 2019.
Each performance share unit represents a contingent right to receive 0-200% of that number in shares of Company common stock. The amount reported represents the "tar
get" number. The performance shares units vest upon continued employment and achievement of specified metrics compared to certain peers, as measured in December of 2021 and as described in the related grant agreement. Participant also holds additional previously awarded performance shares/rights and performance share units, all subject to different future vesting and performance criteria.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Departure of Directors
or Certain - July 6, 2020
Securities to be offered to employees in employee benefit plans - June 25, 2020
Annual report of employee stock purchase, savings and similar plans - June 22, 2020