Hall Wayne P 4
4 · MAGNUM HUNTER RESOURCES CORP · Filed Nov 9, 2009
Insider Transaction Report
Form 4
Hall Wayne P
DirectorChairman & CEO
Transactions
- Purchase
Common Stock
2009-11-05$1.73/sh+57,800$99,994→ 2,271,450 total - Purchase
Right to buy - Common Stock Warrants
2009-11-05+11,560→ 111,560 totalExercise: $2.50Exp: 2012-11-05→ Common Stock (11,560 underlying)
Footnotes (2)
- [F1]The warrants will become exercisable on the date that the shares of common stock underlying the warrant are registered for resale with the Securities and Exchange Commission pursuant to an effective registration statement.
- [F2]On November 5, 2009, Mr. Hall participated in an offering completed by Magnum Hunter Resources Corporation (the "Company") to raise gross proceeds of approximately $3.8 million, through the issuance of 2,289,910 units consisting of one share of the Company's common stock and one fifth of a warrant exercisable for one share of the Company's common stock. The price per unit consisting of one share of common stock and an accompanying one fifth of a warrant was $1.73.