Home/Filings/4/0001127602-11-000925
4//SEC Filing

LORIMER R SCOTT 4

Accession 0001127602-11-000925

CIK 0000101594other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 12:36 PM ET

Size

20.9 KB

Accession

0001127602-11-000925

Insider Transaction Report

Form 4
Period: 2011-01-03
LORIMER R SCOTT
DirectorTREASURER & CFO
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2011-01-03225,000 total
    Exercise: $2.52From: 2009-09-22Exp: 2018-09-21Common Stock (2 underlying)
  • Exercise/Conversion

    Common Stock

    2011-01-03$3.90/sh+100,000$390,000584,492 total
  • Exercise/Conversion

    Common Stock

    2011-01-03$4.97/sh+59,640$296,411744,132 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2011-01-03100,0000 total
    Exercise: $3.90From: 2001-12-07Exp: 2011-12-06Common Stock (100,000 underlying)
  • Exercise/Conversion

    Common Stock

    2011-01-03$2.52/sh+2$5744,134 total
  • Tax Payment

    Common Stock

    2011-01-03$6.21/sh199,140$1,236,659544,994 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2011-01-0359,64030,000 total
    Exercise: $4.97From: 2008-01-01Exp: 2017-07-26Common Stock (59,640 underlying)
Holdings
  • Common Stock

    (indirect: By Esop)
    92,864
Footnotes (6)
  • [F1]Received 60,502 net shares from the exercise of 259,642 options at strike prices ranging from $2.52 to $4.97 per share. Sufficient shares were withheld from the option exercise to cover the cost of the exercise, federal income taxes, and all statutory payroll taxes. Shares withheld were valued at the market close price on the date of exercise, January 3, 2011, of $6.21 per share.
  • [F2]Includes shares held directly by the Reporting Person.
  • [F3]Shares held in the U.S. Energy Corp. Employee Stock Ownership Plan (the 'ESOP') in an account established for the benefit of the Reporting Person.
  • [F4]Includes stock options granted under the Issuer's 2001 Incentive Stock Option Plan and exempt under Rule 16b-3.
  • [F5]Stock options granted under the Issuer's 2001 Incentive Stock Option Plan with a 5 year vesting schedule and exempt under Rule 16b-3.
  • [F6]Stock options granted under the Issuer's 2001 Incentive Stock Option Plan which vest in three (3) equal annual installments beginning September 22, 2009.

Issuer

US ENERGY CORP

CIK 0000101594

Entity typeother

Related Parties

1
  • filerCIK 0001065876

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 12:36 PM ET
Size
20.9 KB