4//SEC Filing
BROWN CLARENCE H 4
Accession 0001104659-12-066335
CIK 0000277924other
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 3:23 PM ET
Size
7.6 KB
Accession
0001104659-12-066335
Insider Transaction Report
Form 4
BROWN CLARENCE H
Director
Transactions
- Disposition to Issuer
Common Stock
2012-09-28$14.50/sh−61,830$896,535→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Options Right to Buy
2012-09-28−29,250→ 0 totalExercise: $5.93From: 2012-09-28Exp: 2013-06-13→ Common Stock (0 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger ("Merger Agreement") between issuer, Forestar Group Inc. ("Forestar") and Longhorn Acquisition Inc., a wholly owned subsidiary of Forestar pursuant to which the reporting person received $14.50 per share.
- [F2]61,830 shares held by a trust, of which the reporting person is a beneficiary.
- [F3]The options were disposed of pursuant to the Merger Agreement. The 29,250 options fully vested upon the merger at a price of $14.50 (merger consideration) minus the exercise price of $5.93 for a merger consideration total price of $8.57 per share.
Documents
Issuer
Forestar Petroleum Corp
CIK 0000277924
Entity typeother
Related Parties
1- filerCIK 0001186347
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 3:23 PM ET
- Size
- 7.6 KB