LAUCK LANCE (EVP, Corp. Dev. & Strategy) exercised options at PDC ENERGY, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/13/2023ACC: 0001437749-23-000990
Officer· EVP, Corp. Dev. & Strategy
Since Jul 2018
+18.86K
Net shares
Net buyer
$2.65M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
101.23K acquired · 82.37K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+101.23K
Price / share
—
Trade value
—
% of position
73.1%
1/11/2023
138.53K→239.76K
Common Stock
Direct
Shares
−41.88K
Price / share
$63.40
Trade value
$2.65M
% of position
17.5%
1/11/2023
239.76K→197.89K
Total
Net shares
+59.35K
Net value
-$2.65M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/11/2023 | M · Option Exercise | +101.23K | — | — | 73.1% | 138.53K | 239.76K |
| Common Stock Direct | 1/11/2023 | F · Tax Withholding | −41.88K | $63.40 | $2.65M | 17.5% | 239.76K | 197.89K |
| Total | +59.35K | -$2.65M | ||||||
Derivative Transactions1
Performance Share Rights
Direct
Converts to
Common Stock
40.49K shares
Shares
−40.49K
Strike price
Held after
0.00
Exercisable
—
1/11/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Share Rights Direct | Common Stock40.49K shares | 1/11/2023 | M · Option Exercise | −40.49K | — | 0.00 |