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EOG RESOURCES INC — Director's Dealing 2017
Feb 16, 2017
29963_dirs_2017-02-16_74b64a15-4b11-439d-a4b9-25f7f8883c6f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EOG RESOURCES INC (EOG)
CIK: 0000821189
Period of Report: 2017-02-14
Reporting Person: Donaldson Michael P (EVP, Gen. Counsel & Corp Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-14 | Common Stock | A | 14212 | — | Acquired | 83048.278 | Direct |
Footnotes
F1: Effective September 23, 2013, the Reporting Person received an award of 7,106 Performance Units (as adjusted to reflect the Issuer's two-for-one stock split (in the form of a stock dividend) which was effective March 31, 2014). The performance metric applicable to the award was the Total Shareholder Return of the Issuer over a three-year performance period (January 2014 through December 2016) relative to the Total Shareholder Return of each of the Issuer's Peer Companies. Pursuant to the terms of the award agreement, between 0% and 200% of the award could be earned based on the Issuer's TSR Rank. The Issuer's TSR Rank and applicable Performance Multiple (each as certified by the Compensation Committee of the Issuer's Board of Directors, effective February 14, 2017) was 1 and 200%, respectively. Accordingly, an additional 7,106 Performance Units have been credited to the Reporting Person. Subject to the terms of the award agreement, (i) the 14,212 aggregate Performance Units will "cliff" vest on September 23, 2018 and (ii) shares of the Issuer's common stock represented by the Performance Units (on a one-for-one basis) will be distributed to the Reporting Person following such vesting date. Defined terms used herein have the meanings set forth in the form of agreement governing the Performance Units award, which is filed as Exhibit 4.8 to the Issuer's Registration Statement on Form S-8 (SEC File No. 333-188352), filed on May 3, 2013.