Dole Richard 4
4 · DOUBLE EAGLE PETROLEUM CO · Filed Mar 12, 2009
Insider Transaction Report
Form 4
Dole Richard
DirectorPres., CEO, Chairman of Board
Transactions
- Award
$.10 Par Value Common Stock
2009-03-10$3.48/sh+14,009$48,751→ 64,455 total
Holdings
- 5,000
Options: Right to Buy
Exercise: $16.21From: 2006-06-07Exp: 2009-06-07→ Common Stock (5,000 underlying) - 108,882
Optons: Right to Buy
Exercise: $14.81→ Common Stock (108,882 underlying)
Footnotes (3)
- [F1]The restricted shares, granted by the Board of Directors to Mr. Dole based upon the closing price of the Company's common stock as of March 10, 2009, were issued under the Company's Incentive Stock Plan in connection with the Company's bonus plan for services performed in 2008.
- [F2]Previoiusly reported
- [F3]20% of these options become exercisable on each of December 31, 2008, 2009, 2010, 2011 and 2012. Each option will expire and terminate, if not exercised or terminated sooner, on September 4, 2015.