Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Lindeman Steven W
  2. Issuer Name and Ticker or Trading Symbol
CABOT OIL & GAS CORP [COG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Pres, Engineering & Tech
(Last)
(First)
(Middle)
840 GESSNER ROAD, SUITE 1400
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2012
(Street)

HOUSTON, TX 77024
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/17/2012   A(1)   1,800 A $ 0 37,830 (2) D  
Common Stock 02/17/2012   F(3)   477 D $ 35.18 37,353 D  
Common Stock 02/19/2012   A   12,860 A $ 0 50,213 D  
Common Stock 02/19/2012   F   3,500 D $ 35.18 46,713 D  
Common Stock               11,836 (4) I Held in 401(k) Plan

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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 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Shares $ 0 (5) 02/16/2012   A   4,036     (5) 12/31/2014(5) Common 4,036 $ 0 4,036 D  
Stock Appreciation Right $ 35.18 02/16/2012   A   4,139     (6) 02/16/2019(6) Common 4,139 $ 0 4,139 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Lindeman Steven W
840 GESSNER ROAD, SUITE 1400
HOUSTON, TX 77024
      Vice Pres, Engineering & Tech  

Signatures

 Deidre L. Shearer, Attorney-in-Fact for Steven W. Lindeman   02/21/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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) One-third vesting of a hybrid performance share award made on February 17, 2011.
(2) The total beneficial ownership has been adjusted to reflect a two-for-one stock split, payable on January 25, 2012.
(3) Disposition of shares to cover tax liability on the hybrid performance share vesting.
(4) Based on a statement dated December 31, 2011 for shares held by the reporting person under the Cabot Oil & Gas Savings Investment Plan.
(5) The performance shares provide for payment in common stock and cash in an amount ranging from 0-200% of the performance shares awarded, based upon certain performance criteria over a three year performance period, beginning January 1, 2012 and ending December 31, 2014.
(6) SAR becomes exerciseable for common stock in increments of one-third on each of the first three anniversaries of the date of grant.
 
Remarks:
Exhibit List:  Exhibit 24, Power of Attorney

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