DVN » Topics » Security Ownership of Management

This excerpt taken from the DVN DEF 14A filed Apr 24, 2009.
Security Ownership of Management
 
The following table sets forth as of March 31, 2009, the number and percentage of outstanding voting shares beneficially owned by our named executive officers, each of our Directors and by all of our executive officers and Directors as a group:
 
             
    Number of
     
    Shares
    Percent of
Name of Beneficial Owner   Beneficially Owned(1)     Class
 
J. Larry Nichols*
    3,027,583 (2)   **
John Richels*
    594,145 (3)   **
Darryl G. Smette
    407,598 (4)   **
Stephen J. Hadden
    300,170 (5)   **
John A. Hill*
    146,060 (6)   **
Danny J. Heatly
    139,854 (7)   **
Michael M. Kanovsky*
    128,052 (8)   **
Robert L. Howard*
    80,719 (9)   **
J. Todd Mitchell*
    70,183 (10)   **
Thomas F. Ferguson*
    47,000 (11)   **
Mary P. Ricciardello*
    11,207 (12)   **
             
All of our Directors and executive officers as a group
    5,285,500 (13)   1.19%
 
  *    Director
 
  **   Less than 1%
 
 
  (1)   Shares beneficially owned include shares of common stock and shares of common stock issuable within 60 days of March 31, 2009.
 
  (2)   Includes 1,491,005 shares owned of record by Mr. Nichols, 85,930 shares owned of record by Mr. Nichols as Trustee of a family trust, 157,248 shares owned by Mr. Nichols’ spouse, and 1,293,400 shares which are deemed beneficially owned pursuant to stock options held by Mr. Nichols.
 
  (3)   Includes 141,225 shares owned of record by Mr. Richels, and 452,920 shares that are deemed beneficially owned pursuant to stock options held by Mr. Richels.
 
  (4)   Includes 33,600 shares owned of record by Mr. Smette, 60,911 shares owned indirectly by Mr. Smette through a trust, 2,635 shares owned by Mr. Smette’s spouse and 310,452 shares that are deemed beneficially owned pursuant to stock options held by Mr. Smette.
 
  (5)   Includes 70,558 shares owned of record by Mr. Hadden and 229,612 shares which were deemed beneficially owned pursuant to stock options held by Mr. Hadden at the time of the termination of his employment. It also reflects the acceleration of the unvested options and restricted stock pursuant to the terms of his separation agreement and release.
 
  (6)   Includes 77,650 shares owned of record by Mr. Hill, 23,884 shares owned by a partnership in which Mr. Hill shares voting and investment power, 4,726 shares owned by Mr. Hill’s immediate family and 39,800 shares that are deemed beneficially owned pursuant to stock options held by Mr. Hill.
 
  (7)   Includes 46,596 shares owned of record by Mr. Heatly, 658 shares held in the Devon Energy Incentive Savings Plan and 92,600 shares that are deemed beneficially owned pursuant to stock options held by Mr. Heatly.
 
  (8)   Includes 12,820 shares owned of record by Mr. Kanovsky, 72,232 shares held indirectly through a family owned entity, and 43,000 shares that are deemed beneficially owned pursuant to stock options held by Mr. Kanovsky.
 
50
Commitment Runs Deep


Table of Contents

 
  (9)   Includes 24,910 shares owned of record by Mr. Howard, 7,500 shares held indirectly through a trust, 7,500 shares owned by Mr. Howard’s spouse, a 6,905 share interest in the OEI Outside Directors Deferred Fee Plan and 33,904 shares that are deemed beneficially owned pursuant to stock options held by Mr. Howard.
 
  (10)  Includes 10,000 shares owned of record by J. Todd Mitchell, 35,183 shares owned of record by a trust of which Mr. Mitchell is the sole trustee and beneficiary, and 25,000 shares that are deemed beneficially owned pursuant to stock options held by Mr. Mitchell.
 
  (11)  Includes 10,000 shares owned of record by Mr. Ferguson and 37,000 shares that are deemed beneficially owned pursuant to stock options held by Mr. Ferguson.
 
  (12)  Includes 5,207 shares owned of record by Ms. Ricciardello and 6,000 shares that are deemed beneficially owned pursuant to stock options held by Ms. Ricciardello.
 
  (13)  Includes 2,740,060 shares that are deemed beneficially owned pursuant to stock options held by Directors and executive officers.
 

"Security Ownership of Management" elsewhere:

Energen (EGN)
Forest Oil (FST)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki