FOREST OIL CORP 4
4 · FOREST OIL CORP · Filed May 30, 2012
Insider Transaction Report
Form 4
Clark H. Craig
DirectorPresident & CEO, Director
Transactions
- Disposition to Issuer
Common Stock
2012-05-27$8.35/sh−41,040$342,684→ 460,451 total - Exercise/Conversion
Common Stock
2012-05-27+41,040→ 501,491 total - Tax Payment
Common Stock
2012-05-27$8.35/sh−27,986$233,683→ 460,451 total - Exercise/Conversion
Phantom Stock Units
2012-05-27−41,040→ 0 totalFrom: 2012-05-27Exp: 2012-05-27→ Common Stock (41,040 underlying)
Footnotes (4)
- [F1]This report includes non-reportable acquisitions by the reporting person pursuant to the 1999 Employee Stock Purchase Plan of Forest Oil Corporation.
- [F2]Satisfaction of tax liability by withholding shares incident to the vesting of a restricted stock award on May 27, 2012.
- [F3]On September 30, 2012, Forest completed a spin-off transaction involving a wholly-owned subsidiary. The number of all outstanding cash-settled phantom stock units, were adjusted to reflect the spin-off.
- [F4]Each share of phantom stock is the economic equivalent of one share of Forest Oil Corporation common stock and was settled solely in cash.