03/16/2026 | Press release | Distributed by Public on 03/16/2026 14:48
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Performance Share Unit | (2) | 03/15/2026 | M | 881 | 03/15/2026 | 03/15/2026 | Common Stock | 881(2) | $ 0 | 0 | D | ||||
| Performance Share Unit | (3) | 03/15/2026 | M | 72 | 03/15/2026 | 03/15/2026 | Common Stock | 72(3) | $ 0 | 0 | D | ||||
| Performance Share Unit | (7) | 03/15/2026 | A | 1,186 | (7) | 03/15/2029 | Common Stock | 1,186(7) | $ 0 | 1,186 | D | ||||
| Performance Share Unit | (8) | 03/15/2026 | A | 1,186 | (8) | 03/15/2029 | Common Stock | 1,186(8) | $ 0 | 1,186 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Larson Gregory M. 6100 N. WESTERN AVE. OKLAHOMA CITY, OK 73118 |
VP-Accounting & Controller | |||
| Michael D. May For: GREGORY M. LARSON | 03/16/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Each restricted stock unit represents a contingent right to receive one share of Expand common stock. |
| (2) | Each performance share unit represented a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's absolute total shareholder return over the applicable performance period. Effective March 15, 2026, the Reporting Person was entitled to receive 881 shares of common stock, before tax withholding obligations. |
| (3) | Each performance share unit represented a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's relative total shareholder return over the applicable performance period. Effective March 15, 2026, the Reporting Person was entitled to receive 72 shares of common stock, before tax withholding obligations. |
| (4) | These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock unit award. |
| (5) | Represents the weighted average volume price, or "VWAP," over the 30 trading days ending on Friday, March 13, 2026. |
| (6) | These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the vesting of a previously disclosed performance share unit award. |
| (7) | Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's absolute total shareholder return over the applicable performance period. |
| (8) | Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's relative total shareholder return over the applicable performance period. |