Nutt Ronald C 4
4 · FOREST OIL CORP · Filed May 30, 2012
Insider Transaction Report
Form 4
Nutt Ronald C
Vice President, Southern
Transactions
- Exercise/Conversion
Phantom Stock Units
2012-05-27−6,080→ 0 totalFrom: 2012-05-27Exp: 2012-05-27→ Common Stock (6,080 underlying) - Tax Payment
Common Stock
2012-05-27$8.35/sh−3,174$26,503→ 48,536 total - Exercise/Conversion
Common Stock
2012-05-27+6,080→ 54,616 total - Disposition to Issuer
Common Stock
2012-05-27$8.35/sh−6,080$50,768→ 48,536 total
Footnotes (3)
- [F1]Satisfaction of tax liability by withholding shares incident to the vesting of a restricted stock award on May 27, 2012.
- [F2]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.
- [F3]Each share of phantom stock is the economic equivalent of one share of Forest Oil Corporation common stock and was settled solely in cash.