Kirkendall Donald L 4
4 · MAGNUM HUNTER RESOURCES CORP · Filed Dec 3, 2012
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2012-11-30$1.99/sh+200,000$398,000→ 255,000 total - Exercise/Conversion
Common Stock, $0.01 par value
2012-11-30$2.25/sh+63,300$142,425→ 318,300 total - Exercise/Conversion
Employee Stock Option - Right to Buy
2012-11-30−63,300→ 0 totalExercise: $2.25From: 2010-02-11Exp: 2020-02-11→ Common Stock (63,300 underlying) - Exercise/Conversion
Employee Stock Option -- Right to Buy
2012-11-30−200,000→ 0 totalExercise: $1.99From: 2008-01-10Exp: 2013-01-10→ Common Stock (200,000 underlying) - Sale
Common Stock, $0.01 par value
2012-11-29$4.20/sh−125,109$525,458→ 55,000 total - Exercise of In-Money
Common Stock, $0.01 par value
2012-08-16+4,186→ 4,186 total(indirect: See footnote)
Footnotes (3)
- [F1]The reported price of $4.20 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.18 - $4.23. The reporting person undertakes to provide to Magnum Hunter Resources Corporation, any security holder of Magnum Hunter Resources Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F2]Mr. Kirkendall sold stock for the purpose of generating a portion of the proceeds to cover applicable taxes and fees pursuant to his exercise of certain options to acquire common stock of Magnum Hunter Resources Corporation.
- [F3]Represents shares held by Mr. Kirkendall's 401(K) Employee Stock Ownership Plan. These shares were acquired pursuant to the Company's 401(K) Employee Stock Ownership Plan through matching Company contributions in transactions exempt from Section 16(b) under Rule 16b-3(c).