Pound Ted 4
4 · Allis Chalmers Energy Inc. · Filed Feb 25, 2011
Insider Transaction Report
Form 4
Pound Ted
General Counsel and Secretary
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−40,000→ 0 totalExercise: $4.85Exp: 2014-11-14→ Common Stock (40,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−50,000→ 0 totalExercise: $10.85Exp: 2015-12-16→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−66,667→ 0 totalExercise: $3.77Exp: 2020-03-03→ Common Stock (66,667 underlying) - Tax Payment
Common Stock
2011-02-23−5,080→ 140,970 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-23−30,000→ 0 totalExercise: $1.23Exp: 2019-03-05→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock
2011-02-23−140,970→ 0 total
Footnotes (6)
- [F1]These shares were withheld to satisfy tax obligations in connection with the vesting of 18,000 shares of restricted stock.
- [F2]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.
- [F3]These options vested in three equal installments beginning November 14, 2005 and were assumed by Seawell Limited in the merger and replaced with an option to purchase 46,000 shares of Seawell Limited common shares at $4.22 per share.
- [F4]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 57,500 shares of Seawell Limited common shares at $9.43 per share.
- [F5]This option, which provided for the vesting of 20% on March 5, 2010, 20% on March 5, 2011, and 60% on March 5, 2012 was assumed by Seawell Limited in the merger and replaced with an option to purchase 34,500 shares of Seawell Limited common shares at $1.07 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 76,667 shares of Seawell Limited common shares at $3.28 per share.