Mizenko Glen J 4
4 · FOREST OIL CORP · Filed May 30, 2012
Insider Transaction Report
Form 4
Mizenko Glen J
Senior V.P. Bus. Dev. & Eng.
Transactions
- Disposition to Issuer
Common Stock
2012-05-27$8.35/sh−7,600$63,460→ 99,482 total - Exercise/Conversion
Phantom Stock Units
2012-05-27−7,600→ 0 totalFrom: 2012-05-27Exp: 2012-05-27→ Common Stock (7,600 underlying) - Tax Payment
Common Stock
2012-05-27$8.35/sh−3,730$31,146→ 99,482 total - Exercise/Conversion
Common Stock
2012-05-27+7,600→ 107,082 total
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.