Bargach Saad 4
4 · Allis Chalmers Energy Inc. · Filed Feb 2, 2010
Insider Transaction Report
Form 4
Bargach Saad
Director
Transactions
- Award
Common Stock
2010-01-29+10,000→ 10,000 total
Holdings
- 19,889,044(indirect: By Lime Rock Partners V, L.P.)
Common Stock
Footnotes (2)
- [F1]These shares were issued as a restricted stock award to the Reporting Person and therefore no consideration was paid by the Reporting Person. The restricted stock award vests on January 29, 2011. Pursuant to the partnership agreement of Lime Rock Management LP ("Lime Rock Management"), Mr. Bargach is obligated to transfer any proceeds received upon sale of these shares to Lime Rock Management and thus the pecuniary interest in these shares is held by Lime Rock Management. Mr. Bargach is a member of Lime Rock Management GP LLC which controls the investment decisions of Lime Rock Management. Mr. Bargach disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Bargach is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]These securities are directly owned by Lime Rock Partners V, L.P. ("Lime Rock"). Mr. Bargach serves as a member of the Investment Committee of Lime Rock Partners GP V, L.P. which controls the investment decisions of Lime Rock. Mr. Bargach disclaims beneficial ownership of the Common Stock held by Lime Rock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Bargach is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.