TRANS ENERGY INC 4
4 · TRANS ENERGY INC · Filed Dec 5, 2016
Insider Transaction Report
Form 4
TRANS ENERGY INCTENG
WOODBURN MARK D
10% Owner
Transactions
- Disposition to Issuer
COMMON STOCK
2016-12-05$3.58/sh−739,956$2,649,042→ 0 total(indirect: By MDW Capital, Inc.) - Disposition to Issuer
COMMON STOCK
2016-12-05$3.58/sh−443,011$1,585,979→ 0 total - Disposition to Issuer
COMMON STOCK
2016-12-05$3.58/sh−397,100$1,421,618→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option
2016-12-05−150,000→ 0 totalExercise: $2.30From: 2012-06-26Exp: 2017-06-26→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]This option was cancelled in the merger in exchange for a cash payment of $192,000, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($3.58 per share).