Home/Filings/4/0000935356-05-000005
4//SEC Filing

PATINA OIL & GAS CORP 4

Accession 0000935356-05-000005

CIK 0001006264operating

Filed

May 17, 8:00 PM ET

Accepted

May 18, 1:27 PM ET

Size

28.2 KB

Accession

0000935356-05-000005

Insider Transaction Report

Form 4
Period: 2005-05-16
EDELMAN THOMAS J
DirectorChairman, CEO and President
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-05-16256,0960 total
    Exercise: $25.84From: 2005-03-22Exp: 2009-03-22Common Stock (256,096 underlying)
  • Disposition to Issuer

    Common Stock

    2005-05-16861,8440 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2005-05-162,5940 total
    Exercise: $38.55From: 2006-02-22Exp: 2010-02-22Common Stock (2,594 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2005-05-163,9040 total
    Exercise: $25.84From: 2005-03-22Exp: 2009-03-22Common Stock (3,904 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-05-16456,6260 total
    Exercise: $8.25From: 2003-02-19Exp: 2007-02-19Common Stock (456,626 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-05-16452,6420 total
    Exercise: $13.59From: 2004-03-07Exp: 2008-03-07Common Stock (452,642 underlying)
  • Disposition to Issuer

    Common Stock

    2005-05-162,323,0060 total(indirect: Deferred Comp. Plan)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-05-16370,5560 total
    Exercise: $7.24From: 2002-02-21Exp: 2006-02-21Common Stock (370,556 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-05-16217,4060 total
    Exercise: $38.55From: 2006-02-22Exp: 2010-02-22Common Stock (217,406 underlying)
  • Disposition to Issuer

    Common Stock

    2005-05-16278,1500 total(indirect: By 401(k))
  • Disposition to Issuer

    Common Stock

    2005-05-1671,8760 total(indirect: By Spouse)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2005-05-167,3580 total
    Exercise: $13.59From: 2004-03-07Exp: 2008-03-07Common Stock (7,358 underlying)
Footnotes (2)
  • [F1]Pursuant to the terms of the Agreement and Plan of Merger dated as of December 15, 2005 by and among Noble Energy, Inc. ("Noble Energy"), Noble Energy Production, Inc. and Patina Oil & Gas Corporation ("Patina") (the "Merger Agreement"), at the effective time of the merger contemplated therein, each outstanding share of Patina common stock, par value $.01 per share ("Patina Common Stock") was converted into the right to receive either a number of shares of Noble Energy common stock or an amount of cash, subject to possible allocation. The value of the merger consideration to be received with respect to each share of Patina common stock will be approximately $39.34 per share for any shares of Patina common stock exchanged for cash and 0.6014 shares of Noble Energy common stock for each share of Patina common stock exchanged for Noble Energy common stock.
  • [F2]Pursuant to the terms of the Merger Agreement, at the effective time of the merger contemplated therein, each Patina stock option that is outstanding and unexercised immediately prior to the effective time of the merger was converted automatically into a fully vested option to purchase Noble Energy common stock. The number of shares of Noble Energy common stock subject to the Noble Energy stock option is equal to the product of the number of shares of Patina common stock subject to the Patina stock option and the exchange ratio determined pursuant to the Merger Agreement of 0.6014, rounded down to the nearest whole share. The exercise per share of Noble Energy common stock subject to the new Noble Energy stock option is equal to the exercise price per share of Patina common stock under the Patina stock option divided by the exchange ratio, rounded up to the nearest whole cent.

Issuer

PATINA OIL & GAS CORP

CIK 0001006264

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001006264

Filing Metadata

Form type
4
Filed
May 17, 8:00 PM ET
Accepted
May 18, 1:27 PM ET
Size
28.2 KB