Tankel Zane 4
4 · Allis Chalmers Energy Inc. · Filed Jun 29, 2009
Insider Transaction Report
Form 4
Tankel Zane
Director
Transactions
- Exercise/Conversion
Subscription Rights (Right to Buy)
2009-06-25−104,280→ 0 totalExercise: $2.50From: 2009-06-03Exp: 2009-06-19→ Common Stock (104,280 underlying) - Exercise/Conversion
Common Stock
2009-06-25$2.50/sh+104,280$260,700→ 183,280 total
Footnotes (2)
- [F1]The number of shares shown as beneficially owned includes an adjustment of 2,500 additional shares inadvertently omitted.
- [F2]The Reporting Person received at no cost from the Issuer, rights to purchase one share of common stock for every share of common stock owned plus rights to subscribe for additional shares up to 32% of the shares of common stock for which it was otherwise entitled to subscribe in the event not all shares of common stock were subscribed for initially. This Form 4 reports the exercise of subscription rights by the Reporting Person. Receipt of subscription rights was not reported because such receipt is exempt under rule 16a-9(b).