Energen (EGN) Form 4 ENERGEN / J DAVID WOODRUFF JR ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WOODRUFF J DAVID JR

(Last) (First) (Middle)

605 RICHARD ARRINGTON JR. BLVD. NORTH

(Street)

BIRMINGHAM AL 35203-2707

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ENERGEN CORP [ EGN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
General Counsel and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								200	I	Spouse
Common Stock (Deferred)								831(2)	D
Common Stock (IRA)								1,500	D
Common Stock (RSU)								17,034(9)	D
Common Stock (ESP)								19,805	I	ESP(1)
Common Stock	01/26/2017		F		480	D	$54.75	75,038(9)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy) (NQ)	$60.56							(3)	01/22/2018	Common Stock	12,100		12,100	D
Stock Option (Right to Buy) (NQ)	$29.79							01/28/2012	01/27/2019	Common Stock	7,281		7,281	D
Stock Option (Right to Buy) (NQ)	$46.69							(4)	01/26/2020	Common Stock	15,468		15,468	D
Stock Option (Right to Buy) (NQ)	$54.99							(5)	01/25/2021	Common Stock	14,789		14,789	D
Stock Option (Right to Buy) (NQ)	$54.11							(6)	01/24/2022	Common Stock	16,029		16,029	D
Stock Option (Right to Buy) (NQ)	$48.36							(7)	01/23/2023	Common Stock	4,557		4,557	D
Stock Option (Right to Buy) (NQ)	$72.39							(8)	01/21/2024	Common Stock	4,332		4,332	D

Explanation of Responses:

1. Energen Corporation Employee Savings Plan, number of securities is estimated based on trustee's unit accounting.

2. Energen Corporation Deferred Compensation Plan, number of securities is estimated based on recordkeepers' unit accounting.

3. The option became exercisable in three annual installments of 4,033, 4,033 and 4,034 on January 23, 2009, 2010 and 2011, respectively.

4. The option became exercisable in three equal annual installments of 5,156 each on January 27, 2011, 2012 and 2013 respectively.

5. The option became exercisable in three annual installments of 4,929, 4,930 and 4,930 on January 26, 2012, 2013 and 2014, respectively.

6. The option became exercisable in three equal annual installments of 5,343 each on January 25, 2013, 2014 and 2015, respectively.

7. The option becomes exercisable in three equal annual installments of 1,519 each on January 24, 2014, 2015 and 2016, respectively.

8. The option becomes exercisable in three equal annual installments of 1,444 each on January 22, 2015, 2016 and 2017, respectively.

9. On January 22, 2017, 1,673 restricted stock units vested, with 480 shares withheld for taxes on January 26, 2017.

Remarks:

	J.D. Woodruff	01/26/2017
	** Signature of Reporting Person	Date
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