CROSSTEX ENERGY INC 4

4 · CROSSTEX ENERGY INC · Filed Jan 16, 2004

Form 4

Period: 2004-01-16

Exec. Vice President

Transactions

Exercise/Conversion
Series A 7 1/2% Cumulative Convertible Preferred Stock
2004-01-16$5.00/sh−75,232$376,160→ 0 total
Exercise: $5.00→ Common Stock (150,464 underlying)
Sale
Common Stock, par value $0.01 per share
2004-01-16$18.24/sh−150,000$2,736,000→ 323,268 total
Exercise/Conversion
Common Stock, par value $0.01 per share
2004-01-16+198,688→ 473,268 total
Exercise/Conversion
Series B 7 1/2% Cumulative Convertible Preferred Stock
2004-01-16$6.00/sh−24,112$144,672→ 0 total
Exercise: $6.00→ Common Stock (48,224 underlying)

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.

Documents

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