HANOVER COMPRESSOR CO / 4
4 · HANOVER COMPRESSOR CO / · Filed Jul 6, 2007
Insider Transaction Report
Form 4
YORK STEPHEN P
Vice President
Transactions
- Sale
Common Stock
2007-07-05$27.00/sh−7,841$211,707→ 42,133 total - Exercise/Conversion
Common Stock
2007-07-05$9.81/sh+7,159$70,230→ 49,292 total - Exercise/Conversion
Common Stock
2007-07-05$11.43/sh+682$7,795→ 49,974 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2007-07-05−7,159→ 0 totalExercise: $9.81Exp: 2012-12-10→ Common Stock (7,159 underlying) - Exercise/Conversion
Employee Stock Options (Right to Buy)
2007-07-05−682→ 8,525 totalExercise: $11.43Exp: 2013-07-16→ Common Stock (682 underlying)
Holdings
- 102(indirect: By 401(k))
Common Stock
Footnotes (4)
- [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 options if Hanover's common stock reached a trading price of $27.00.
- [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.
- [F4]The options vested over a four year period at the rate of 25% per year, beginning on July 16, 2004, the first anniversary of the date of grant.