Conrad Stephen Volney 4
4 · US ENERGY CORP · Filed Jul 8, 2010
Insider Transaction Report
Form 4
US ENERGY CORPUSEG
Conrad Stephen Volney
Director
Transactions
- Purchase
Common Stock
2010-07-07$4.51/sh+10,000$45,100→ 20,000 total - Purchase
Common Stock
2010-07-06$4.53/sh+10,000$45,300→ 10,000 total
Holdings
- 10,000
Director/ Option(rtb)
Exercise: $5.04From: 2011-06-25Exp: 2020-06-24→ U.S. Energy Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Reflects the weighted average price of 10,000 shares of common stock of the Issuer purchased by the Reporting Person in multiple transactions on July 7, 2010 with the purchase price ranging from $4.50 to $4.52 per share. The Reporting Person undertakes to provide upon request by the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- [F2]Includes shares held directly by the Reporting Person.
- [F3]Stock options granted under the Issuer's 2008 SOP for the Independent Directors and Advisory Board Members granted on June 25, 2010 which vest in three (3) equal annual installments beginning June 25, 2011.