Form Type: 4

SEC EDGAR Link
Accession Number:0001437749-20-000580
Date:2020-01-10
Issuer: PDC ENERGY, INC. (PDCE)
Original Submission Date:

Reporting Person:

LAUCK LANCE
1775 SHERMAN STREET, SUITE 3000
DENVER, CO 80203

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-01-10 M 4,458 a $0.00 110,279 direct
COMMON STOCK 2020-01-10 F 1,529 d $25.27 108,750 direct
COMMON STOCK 2020-01-10 0 $0.00 3,498 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE SHARE RIGHTS 0.0 2020-01-10 deemed execution date M 4,458 (d) 2019-12-31 common stock 4,458 $0.00 0 direct
Footnotes
IDfootnote
f1 each performance share/right represented a contingent right to receive shares of pdc energy, inc. common stock upon achievement of specified minimum thresholds of total shareholder return (tsr) compared to certain peers measured in december of 2019, as described in the related grant agreement. shares granted represent a 100% payout on previously awarded performance shares/rights.
f2 represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon settlement of performance shares/rights.
f3 401(k) plan holdings as of january 10, 2020.
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