TUGWELL JOHN O 4
4 · EDGE PETROLEUM CORP · Filed Aug 24, 2004
Insider Transaction Report
Form 4
TUGWELL JOHN O
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2004-08-20$7.06/sh+10,000$70,600→ 44,145 total - Exercise/Conversion
Nonqualified stock option
2004-08-20$7.06/sh−10,000$70,600→ 16,300 totalExercise: $7.66Exp: 2009-05-20→ Common Stock (10,000 underlying) - Sale
Common Stock
2004-08-20$14.92/sh−10,000$149,200→ 34,146 total - Discretionary Transaction
401(K) Employer Stock Fund Units
2004-08-20$24.33/sh+299.51$7,287→ 299.51 total(indirect: By 401(k))
Footnotes (4)
- [F1]The reporting person previously acquired a total of approximately 299.51 Units of the Employer Stock Fund portion of the Company's 401(k) plan. Each Unit represents a combination of Common Stock and cash; the number of shares of Common Stock to which their Units relate at any given time is not provided to plan participants. These acquisitions were exempt from both reporting and short-swing profits under Rules 16b-3(c) and 16a-3(f)(1)(l)(B).
- [F2]401(k) Employer Stock Fund Units
- [F3]per unit
- [F4]These options are exercisable 50% on the date of grant and 50% on the first anniversary of the date of grant (May 21, 2000).