Poole J Michael 4
4 · UNION DRILLING INC · Filed Jun 5, 2006
Insider Transaction Report
Form 4
Poole J Michael
Executive Vice President
Transactions
- Sale
Common Stock
2006-06-01$14.70/sh−36,800$541,070→ 111,283 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-06-01−148,083→ 49,361 totalExercise: $3.80Exp: 2013-05-31→ Common Stock (148,083 underlying) - Exercise/Conversion
Common Stock
2006-06-01$3.80/sh+148,083$562,715→ 148,083 total - Sale
Common Stock
2006-06-02$14.85/sh−111,283$1,652,831→ 0 total
Footnotes (2)
- [F1]The sales reported in this Form were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2006.
- [F2]The option to purchase 197,444 shares of common stock vests in four equal annual installments, on each of 06/01/04, 06/01/05, 06/01/06 and 06/01/07