YORK STEPHEN P 4
4 · HANOVER COMPRESSOR CO / · Filed Jun 22, 2007
Insider Transaction Report
Form 4
YORK STEPHEN P
Vice President
Transactions
- Exercise/Conversion
Common Stock
2007-06-20$9.81/sh+7,841$76,920→ 49,974 total - Sale
Common Stock
2007-06-20$26.01/sh−7,841$203,944→ 42,133 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2007-06-20−7,841→ 7,159 totalExercise: $9.81Exp: 2012-12-10→ Common Stock (7,841 underlying)
Holdings
- 102(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2007 to exercise 7,841 stock option shares if Hanover's common stock reached a trading price of $26.00.
- [F2]Balance as per plan statement dated 5/29/07.
- [F3]The options vested over a four year period at the rate of 25% per year, beginning on December 10, 2003, the first anniversary of the date of grant.