DOUBLE EAGLE PETROLEUM CO 4
4 · DOUBLE EAGLE PETROLEUM CO · Filed May 21, 2008
Insider Transaction Report
Form 4
HOLLIS STEPHEN H
DirectorPresident & CEO
Transactions
- Sale
$.10 Par Value Common Stock
2008-05-19$18.13/sh−2,700$48,951→ 0 total - Sale
$.10 Par Value Common Stock
2008-05-19$18.23/sh−1,800$32,814→ 0 total - Sale
$.10 Par Value Common Stock
2008-05-20$18.44/sh−10,000$184,400→ 339,520 total - Sale
$.10 Par Value Common Stock
2008-05-19$18.52/sh−500$9,260→ 0 total
Holdings
- 350,000(indirect: See Footnote)
$.10 Par Value Common Stock
- 35,000
Options: Right to Buy
Exercise: $14.00From: 2004-03-24Exp: 2009-03-24→ Common Stock (35,000 underlying)
Footnotes (3)
- [F1]These shares are beneficially owned by Hollis Oil & Gas. Mr. Hollis is an officer, director and 51% shareholder of Hollis Oil & Gas Co.
- [F2]Previously reported.
- [F3]20% of these options become exercisable on each of March 23, 2005, 2006, 2007, 2008 and 2009. Each option will expire and terminate, if not exercised sooner, on the fifth anniversary of the date that it first became exercisable.