CANO PETROLEUM, INC 4
4 · CANO PETROLEUM, INC · Filed May 31, 2007
Insider Transaction Report
Form 4
Teringo James Kennedy JR
Former Sr. VP, GC & Corp. Secy
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2007-05-30−50,000→ 0 totalExercise: $3.98From: 2006-07-11Exp: 2015-09-16→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Pursuant to the terms of the Separation Agreement, General Release and Covenant Not to Sue between James K. Teringo, Jr. ("Teringo") and Cano Petroleum, Inc. ("Cano"), which was effective on May 30, 2007, Teringo forfeited all rights to the 50,000 vested stock options that he had on May 30, 2007.