Bailes James Raleigh 4
4 · MAGNUM HUNTER RESOURCES CORP · Filed Jan 12, 2012
Insider Transaction Report
Form 4
Bailes James Raleigh
Director
Transactions
- Other
Right to buy - Warrant
2011-10-14+13,905→ 13,905 totalExercise: $10.50From: 2011-10-14Exp: 2013-10-14→ Common Stock (13,905 underlying) - Award
Common Stock, $0.01 par value
2012-01-10+1,962→ 143,737 total
Footnotes (2)
- [F1]The stock represents payment for past Board of Director responsibilities.
- [F2]On August 16, 2011, the Company declared a dividend in the form of warrants to purchase shares of the Company's common stock at $10.50 per share payable on October 14, 2011 to shareholders of record as of the close of business on August 31, 2011. Each shareholder received one warrant for every ten shares of common stock owned as of the record date. As a result, the reporting person received 13,905 warrants to purchase shares of the Company's common stock on October 14, 2011.