4//SEC Filing
Arrott Zane W. 4
Accession 0000899243-18-020296
CIK 0001588216other
Filed
Jul 19, 8:00 PM ET
Accepted
Jul 20, 6:07 PM ET
Size
9.8 KB
Accession
0000899243-18-020296
Insider Transaction Report
Form 4
Arrott Zane W.
Chief Operating Officer
Transactions
- Award
Common Stock
2018-07-19+158,436→ 291,323 total - Disposition to Issuer
Common Stock
2018-07-19−291,323→ 0 total - Disposition to Issuer
Common Stock
2018-07-19−374,300→ 0 total(indirect: By Partnership)
Footnotes (4)
- [F1]On July 19, 2018, pursuant to the Agreement and Plan of Merger dated as of March 27, 2018 (the "Merger Agreement"), by and among Concho Resources Inc. ("Concho"), Green Merger Sub Inc. ("Merger Sub") and RSP Permian, Inc. ("RSP"), Merger Sub merged with and into RSP (the "Merger"), with RSP surviving the Merger as a wholly-owned subsidiary of Concho. Immediately prior to the effective time of the Merger (the "Effective Time"), the outstanding awards of performance-based restricted stock of RSP vested based on RSP's performance through the Effective Time, as determined by the RSP board of directors, and each vested share of performance-based restricted stock was converted into the right to receive 0.320 of a share of Concho common stock.
- [F2](Continued from Footnote 1) On July 18, 2018 (the day prior to the Merger), the closing price of one share of Concho common stock was $149.66. Withholding for the payment of tax liabilities in connection with the vesting of restricted stock awards was effectuated following the conversion into shares of Concho common stock.
- [F3]Pursuant to the Merger Agreement, each share of RSP common stock issued and outstanding immediately prior to the Effective Time (including each outstanding share of time-based restricted stock of RSP that vested in full and was treated as a share of RSP common stock for purposes of the Merger Agreement) was converted into the right to receive 0.320 of a share of Concho common stock. On July 18, 2018 (the day prior to the Merger), the closing price of one share of Concho common stock was $149.66.
- [F4]Mr. Arrott is a general partner of Arrott Family Holdings, L.P. and therefore may be deemed to indirectly beneficially own these securities. Mr. Arrott disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Documents
Issuer
RSP Permian, Inc.
CIK 0001588216
Entity typeother
Related Parties
1- filerCIK 0001596948
Filing Metadata
- Form type
- 4
- Filed
- Jul 19, 8:00 PM ET
- Accepted
- Jul 20, 6:07 PM ET
- Size
- 9.8 KB