EMERSON DANIEL E 4
4 · PETROLEUM & RESOURCES CORP · Filed Mar 23, 2011
Insider Transaction Report
Form 4
EMERSON DANIEL E
Director
Transactions
- Other
Common Stock
2011-01-02$27.29/sh+144$3,930→ 15,573 total - Award
Common Stock
2011-03-22+400→ 15,973 total
Footnotes (2)
- [F1]These shares were acquired as dividend equivalents which were issued in conjunction with 400 restricted stock units which vested in 2008, but were deferred until January 2, 2011.
- [F2]These shares were granted as restricted stock units which will vest one year from the date of grant along with dividend equivalents, unless the reporting person elects to defer the vesting date. The restricted stock units and the dividend equivalents will be issued in shares of Common Stock.