FOREST OIL CORP 4
4 · FOREST OIL CORP · Filed Dec 2, 2011
Insider Transaction Report
Form 4
Clark H. Craig
DirectorPresident & CEO, Director
Transactions
- Exercise/Conversion
Common Stock
2011-11-30$11.07/sh+112,936$1,250,202→ 513,677 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-11-30$15.04/sh−112,936$1,699,020→ 0 totalExercise: $11.07Exp: 2011-12-12→ Common Stock (112,936 underlying) - Sale
Common Stock
2011-11-30$15.04/sh−112,936$1,699,020→ 400,741 total
Footnotes (4)
- [F1]This transaction was executed in multiple sales prices ranging from $15.00 to $15.146667. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This report includes non-reportable acquisitions by the reporting person pursuant to the 1999 Employee Stock Purchase Plan of Forest Oil Corporation.
- [F3]On March 2, 2006 and September 30, 2011, Forest completed spin-off transactions involving wholly-owned subsidiaries. The number and the exercise price of all outstanding stock options granted under Forest's equity incentive plans, including the options exercised by the reporting person and reported herein, were adjusted to reflect the spin-offs.
- [F4]This option is exercisable in four equal installments on each of the first four anniversaries of the date of grant.