Home/Filings/4/0000003982-11-000014
4//SEC Filing

KEANE TERRENCE P 4

Accession 0000003982-11-000014

CIK 0000003982other

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 3:45 PM ET

Size

16.3 KB

Accession

0000003982-11-000014

Insider Transaction Report

Form 4
Period: 2011-02-23
KEANE TERRENCE P
Sr. V. Pres.-Oilfield Services
Transactions
  • Tax Payment

    Common Stock

    2011-02-2320,895195,402 total
  • Disposition to Issuer

    Common Stock

    2011-02-23195,4020 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-02-2315,0000 total
    Exercise: $4.87Exp: 2015-05-25Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-02-2325,0000 total
    Exercise: $10.85Exp: 2015-12-16Common Stock (25,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-02-2315,0000 total
    Exercise: $1.23Exp: 2019-03-05Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-02-2353,3340 total
    Exercise: $3.77Exp: 2020-03-03Common Stock (53,334 underlying)
Footnotes (6)
  • [F1]These shares were withheld to satisfy tax obligations in connection with the vesting of 79,000 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 May 25, 2006 and were assumed by Seawell Limited in the merger and replaced with an option to purchase 17,250 shares of Seawell Limited common shares at $4.23 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 28,750 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 17,250 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 61,334 shares of Seawell Limited common shares at $3.28 per share.

Issuer

Allis Chalmers Energy Inc.

CIK 0000003982

Entity typeother

Related Parties

1
  • filerCIK 0001252184

Filing Metadata

Form type
4
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 3:45 PM ET
Size
16.3 KB