REESBY PATRICK C 4
4 · CLAYTON WILLIAMS ENERGY INC /DE · Filed Jun 17, 2011
Insider Transaction Report
Form 4
REESBY PATRICK C
Vice President
Transactions
- Discretionary Transaction
Common Stock, $.10 par value
2011-06-15$57.59/sh+3,933$226,501→ 11,176 total(indirect: See)
Holdings
- 4,094
Common Stock, $.10 par value
Footnotes (2)
- [F1]These shares are held in the Company's 401(k) Plan (the "Plan"). On June 15, 2011, Mr. Reesby acquired 3933 shares of Common Stock through the voluntary transfer of investment funds within the Plan. In addition, Mr. Reesby acquired 102 shares through involuntary pre-tax deferrals and matching contributions made by the Company subsequent to the date of the previous Form 4 filed by Mr. Reesby on April 5, 2011.
- [F2]Mr. Reesby's purchase of CWEI common stock reported on this Form 4 was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 2,000 shares, with Mr. Reesby's sale of 2,000 shares of CWEI common stock on February 3, 2011 at prices ranging from $89.82 to $90.60 per share as more fully described in Mr. Reesby's From 4 filed with the Securities and Exchange Commission on February 7, 2011. Mr. Reesby has agreed to pay to CWEI $64,736.36 representing the full amount of the alleged "profits" realized in connection with an inadvertent short-swing transaction.