4//SEC Filing
HIDAYATALLAH MUNAWAR H 4
Accession 0000003982-11-000007
CIK 0000003982other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 12:12 PM ET
Size
18.9 KB
Accession
0000003982-11-000007
Insider Transaction Report
Form 4
HIDAYATALLAH MUNAWAR H
DirectorChairman and CEO
Transactions
- Disposition to Issuer
Common Stock
2011-02-23−263,559→ 0 total(indirect: By Trust) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−200,000→ 0 totalExercise: $3.86Exp: 2015-02-02→ Common Stock (200,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−83,333→ 0 totalExercise: $10.85Exp: 2015-12-16→ Common Stock (83,333 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−333,334→ 0 totalExercise: $3.77Exp: 2020-03-03→ Common Stock (333,334 underlying) - Tax Payment
Common Stock
2011-02-23−178,333→ 800,000 total - Disposition to Issuer
Common Stock
2011-02-23−800,000→ 0 total - Disposition to Issuer
Common Stock
2011-02-23−8,000→ 0 total(indirect: By IRA) - Award
Common Stock
2011-02-23+728,333→ 978,333 total
Footnotes (6)
- [F1]Pursuant to an Agreement and Plan of Merger among the Issuer, Seawell Limited and Wellco Sub Company, a wholly-owned subsidiary of Seawell Limited, dated August 12, 2010, as amended, 728,333 shares of performance based restricted stock were accelerated and vested on February 23, 2011.
- [F2]These shares were withheld to satisfy tax obligations in connection with the vesting of 728,333 performance-based restricted shares and 250,000 time-based restricted stock.
- [F3]These shares were disposed of pursuant to an Agreement and Plan of Merger among the Issuer, Seawell Limited and Wellco Sub Company, a wholly-owned subsidiary of Seawell Limited, dated August 12, 2010, as amended. The Reporting Person received 1.15 shares of Seawell Limited common stock for each share of Allis-Chalmers common stock owned.
- [F4]These options vested on February 2, 2008 and were assumed by Seawell Limited in the merger and replaced with an option to purchase 230,000 shares of Seawell Limited common shares at $3.36 per share.
- [F5]These options vested in three equal installments beginning December 16, 2006 and were assumed by Seawell Limited in the merger and replaced with an option to purchase 95,832 shares of Seawell Limited common shares at $9.43 per share.
- [F6]This option, which provided for vesting in five equal installments beginning March 3, 2011 was assumed by Seawell Limited in the merger and replaced with an option to purchase 383,334 shares of Seawell Limited common shares at $3.28 per share.
Documents
Issuer
Allis Chalmers Energy Inc.
CIK 0000003982
Entity typeother
Related Parties
1- filerCIK 0001140824
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 12:12 PM ET
- Size
- 18.9 KB