YORKTOWN ENERGY PARTNERS IV LP 4
4 · CROSSTEX ENERGY INC · Filed Jan 16, 2004
Insider Transaction Report
Form 4
YORKTOWN ENERGY PARTNERS IV LP
10% Owner
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2004-01-16+4,868,748→ 7,188,748 total - Exercise/Conversion
Series A 7 1/2% Cumulative Convertible Preferred Stock
2004-01-16$5.00/sh−2,215,625$11,078,125→ 0 totalExercise: $5.00→ Common Stock (4,431,250 underlying) - Exercise/Conversion
Series B 7 1/2% Cumulative Convertible Preferred Stock
2004-01-16$6.00/sh−218,749$1,312,494→ 0 totalExercise: $6.00→ Common Stock (437,498 underlying) - Sale
Common Stock, par value $0.01 per share
2004-01-16$18.24/sh−1,371,000$25,007,040→ 5,817,748 total
Footnotes (5)
- [F1]Subject to certain adjustments as provided in the Certificate of Designations for such series of preferred stock that converted into the Common Stock upon the closing of the Issuer's initial public offering.
- [F2]Immediately
- [F3]None
- [F4]Reflects a 2-for-1 stock split, to be effected in the form of a stock dividend, to be effective upon January 16, 2004, the closing of the Issuer's initial public offering, pursuant to which each share of Series A 7??% Cumulative Convertible Preferred Stock will become convertible into 2 shares of Common Stock.
- [F5]Reflects a 2-for-1 stock split, to be effected in the form of a stock dividend, to be effective upon January 16, 2004, the closing of the Issuer's initial public offering, pursuant to which each share of Series B 7??% Cumulative Convertible Preferred Stock will become convertible into 2 shares of Common Stock.