PDC Energy,Inc. (NASDAQ:PDCE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 of Form8-K, this Form8-K/A is being filed solely to provide information called for in Item 5.02(d)(3)of Form8-K that had not been determined at the time of filing of the Original Form8-K.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September30, 2017, the Board of Directors of the Company appointed Mr.Ellis to its Compensation Committee and its recently formed Midstream Committee. In addition to Mr.Ellis’s participation in the Company’s standard non-employee director compensation arrangements, which were disclosed in the Original Form8-K, Mr.Ellis will receive compensation identical to other members of such committees, consisting of (i)an annual cash retainer equal to $12,000 payable in quarterly installments for his service on the Compensation Committee and (ii)an annual cash retainer equal to $10,000 payable in quarterly installments for his service on the Midstream Committee.