YOUNGBAUER STEVEN R 4
4 · US ENERGY CORP · Filed Oct 4, 2011
Insider Transaction Report
Form 4
US ENERGY CORPUSEG
YOUNGBAUER STEVEN R
SECRETARY & GENERAL COUNSEL
Transactions
- Award
Common Stock
2011-10-03$2.05/sh+5,000$10,250→ 136,574 total
Holdings
- 37,184(indirect: By Esop)
Common Stock
- 50,000
Stock Options (Right to Buy)
Exercise: $3.86From: 2005-10-14Exp: 2015-10-13→ Common Stock (50,000 underlying) - 25,000
Stock Options (Right to Buy)
Exercise: $2.46From: 2004-07-01Exp: 2014-06-30→ Common Stock (25,000 underlying) - 75,000
Stock Option (Right to Buy)
Exercise: $2.52From: 2009-09-22Exp: 2018-09-21→ Common Stock (75,000 underlying) - 100,000
Stock Options (Right to Buy)
Exercise: $4.97From: 2008-01-01Exp: 2017-07-26→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]Shares issued to the Reporting Person under the USE 2001 Stock Compensation Plan. The issuance of these shares is for the funding obligation under the plan for the fourth quarter of the calendar year ending December 31, 2011. The issuer has agreed under the terms of the Plan to pay all taxes due. The Reporting Person has agreed not to sell these shares to the market or pledge them on obligations until after his (i) retirement; (ii) total disability or (iii) in the case of the death of the Reporting Person his estate may sell the shares of stock.
- [F2]Includes 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.
- [F3]Includes stock options granted under the Issuer's 2001 Incentive Stock Option Plan and exempt under Rule 16b-3.
- [F4]Stock options granted under the Issuer's 2001 Incentive Stock Option Plan with a 5 year vesting schedule and exempt under Rule 16b-3.
- [F5]Stock options granted under the Issuer's 2001 Incentive Stock Option Plan which vest in three (3) equal annual installments beginning September 22, 2009.