Bynum Brad 4
4 · MAGNUM HUNTER RESOURCES CORP · Filed Jan 12, 2012
Insider Transaction Report
Form 4
Bynum Brad
Director
Transactions
- Other
Right to buy - Warrant
2011-10-14+27,775→ 27,775 totalExercise: $10.50From: 2011-10-14Exp: 2013-10-14→ Common Stock (27,775 underlying) - Award
Common Stock, $0.01 par value
2012-01-10+2,714→ 280,460 total
Footnotes (2)
- [F1]The stock represents payment for Board of Directors.
- [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 27,775 warrants to purchase shares of the Company's common stock on October 14, 2011.