Coterra Energy Inc. — Director's Dealing 2015

Feb 20, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CABOT OIL & GAS CORP (COG)
CIK: 0000858470
Period of Report: 2015-02-18

Reporting Person: Shearer Deidre L (Corp Sec & Managing Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-18	Common Stock	A	7700	$0.00	Acquired	10138	Direct
2015-02-18	Common Stock	F	2256	$27.82	Disposed	7882	Direct
2015-02-18	Common Stock	A	790	$0.00	Acquired	8672	Direct
2015-02-18	Common Stock	F	217	$27.82	Disposed	8455	Direct
2015-02-18	Common Stock	A	558	$0.00	Acquired	9013	Direct
2015-02-18	Common Stock	F	153	$27.82	Disposed	8860	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-19	Performance Shares	$0.00	A	5630	Acquired	2017-12-31	Common (5630)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1257	Indirect

Footnotes

F1: Each performance share represented the right to receive up to one share of common stock, based on certain performance criteria in a three year performance period which ended 12/31/2014. The Compensation Committee of the Board of Directors certified the results on 02/18/2015, which resulted in 100% of the stock being paid out.

F2: One-third vesting of hybrid performance share award made on February 21, 2013.

F3: One-third vesting of hybrid performance share award made on February 20, 2014.

F4: Based on a statement dated December 31, 2014 for shares held by the reporting person under the Cabot Oil & Gas Savings Investment Plan.

F5: The performance shares provide for payment in common stock and cash in an amount ranging from 0-200% of the performance shares awarded, based upon certain performance criteria over a three year performance period, beginning January 1, 2015 and ending December 31, 2017.