FOREST OIL CORP 4
4 · FOREST OIL CORP · Filed Dec 18, 2014
Insider Transaction Report
Form 4
Dearman II Frederick B.
SVP, Southern Region
Transactions
- Exercise/Conversion
Common Stock
2014-12-16+70,000→ 241,328 total - Tax Payment
Common Stock
2014-12-16$0.37/sh−35,009$12,953→ 136,319 total - Disposition to Issuer
Common Stock
2014-12-16$0.37/sh−70,000$25,900→ 171,328 total - Exercise/Conversion
Phantom Stock Units
2014-12-16−70,000→ 0 totalFrom: 2014-12-16Exp: 2016-11-12→ Common Stock (70,000 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of one share of Forest Oil Corporation common stock and was settled solely in cash, in connection with the closing of the Forest and Sabine Oil & Gas LLC transaction.
- [F2]Satisfaction of tax liability by withholding shares incident to the vesting of restricted stock on December 16, 2014, in connection with the closing of the Forest Oil Corporation and Sabine Oil & Gas LLC transaction.